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Hospitality for sale

Polwarth Crescent, Edinburgh, EH11

£59,950
76 sq. m.

Property Description

Commercial information

  • Business for sale
  • 818 sq ft (76 sq m)

Key features

  • REF: 14214 A
  • LEASEHOLD
  • CATERING SERVICE

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe are delighted to offer to the market an opportunity to purchase the well-respected, thriving outside catering company Club Class Catering.

The business owner has been delivering a high-quality catering service in Edinburgh for some 20 years, building up a fantastic reputation servicing corporate client events, wedding events and private party functions. The business is reluctantly being brought to the market for a quick sale, due to ill health of a family member.

The business itself could be expanded in its own right due to demand, which would require further staffing to cater for the extra demand.

In addition, this reputable business could easily be added to an existing operation which perhaps does not offer an outside catering service and could therefore utilise the premises and client base to ensure a profitable business opportunity.

A fantastic opportunity to acquire a modern thriving business.

Viewing comes highly recommended.


LOCATION
Club Class Catering is located in the popular and busy Polwarth (EH11) area within the city of Edinburgh, a great location for servicing city centre clients.

Polwarth itself is found near to the bustling Brunstfield and Gorgie areas of Edinburgh, densely populated with a mixture of residential property and complementary shops and businesses and benefitting from excellent public transport links and local amenities.

The city's historical and cultural attractions have made it the second most popular tourist destination in the United Kingdom after London; attracting over one million overseas visitors each year.

PREMISES
Club Class Catering is located within a traditional tenement style building and occupies the ground floor and basement. A modern and extremely well fitted out commercial unit with full class 3 consent.

Office space located to the front of the unit (was previously set up as a takeaway).

Quality fully fitted commercial kitchen with full high-end extraction system.

Ample work surface/food preparation area.

Six ring gas hob cookers with oven and deep fat fryer.

Double stainless-steel sink, washing machine along with various refrigeration and freezers.

The basement area benefits from ample storage and 2x modern fitted W/C's.

The premises are in great condition with the current business owner undertaking a programme of refurbishment to the building.

The business is well signed and highly visible.

TENURE
We are advised that tenure is Leasehold.

5 year lease with 2 years remaining.
There is the option to extend the lease for a further 5 years.

Rent 10,200 per annum.

HOURS
Flexible to suit the needs of the business.

STAFF
The business is run by the current owner.

FINANCIAL PROFILE
The business reported a turnover of approximately 110,000 in 2016.



Map & Street View

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