Nisa Local, 126-128 Marchmont Road, Edinburgh, EH9 1AQ

A Nisa Local branded convenience store with prominent corner trading position on busy road in Edinburgh city centre.

Nisa stores are able to sell Co-op branded products, with this store also offering Stuart's Bakery, Costa Coffee and services like Lottery and PayPoint.

There is also a free to use external cash machine.

Edinburgh is the capital city of Scotland, located in southeast Scotland, and is bounded to the north by the Firth of Forth and to the south by the Pentland Hills. Edinburgh has a population of c.515,000.

Marchmont is a mainly residential area of Edinburgh and lies roughly one mile to the south of the Old Town, separated from it by The Meadows and Bruntsfield Links. Marchmont remains popular with older residents, young professionals and students, with surrounding areas a strong mix of residential housing and commercial businesses.

Edinburgh benefits from excellent transport links with the Waverley Train Station, the Tram Network, Edinburgh Airport and major road routes, providing seamless connectivity to the rest of the UK and beyond.

A large well-maintained retail area with tiled flooring and raised art deco style ceiling incorporating strip lighting.

There are numerous display gondolas, adequate magazine racking and shelving, cigarette gantry and counter close to the entrance of the store. A number of chillers and freezers provide a wide range of drinks, dairy and convenience products.

There is a basement to the building contains a walk-in freezer and chiller, manager's office, bakery preparation area, stock room with secure cupboard, staff area and toilets.

We have been advised that all trade fixtures and fittings are owned outright and included within the sale/purchase.

The shop premises form ground and basement levels of a four story brick build tenement building.

Due to the corner location the shop frontage faces both Marchmont Road and Thirlestane Avenue.

The external areas have been recently re-branded to Nisa, with new signage and advertising.

An outstanding opportunity to secure a large format convenience store with long-term lease in the affluent area of Marchmont in Edinburgh city centre.

A former Scotmid Co-op store, which our client purchased in 2024 and re-branded as Nisa Local. Due to other business interests he has not been able to give full focus to the store and is therefore reluctantly selling with the hope a new owner can realise its full potential.

There is prospective to launch home delivery services with basement space available to be utilised. Package collection could also be introduced with ample space available for storage.

The hot food offer could also be improved upon with the opening hours of 6.00am to 12.00am allowing breakfast, lunch and dinner options.

A full anonymized staff report can be produced for interested parties.

Transfer of Undertakings (Protection of Employment) Regulations (TUPE) will apply to any remaining staff.

Our client purchased the store in early 2024 and thusly has no business accounts. However he is happy to share EPOS data and will accommodate requests for other expenditure like energy costs, rates and staffing information etc

Monday - Sunday
6.00am - 12.00am

A new 15 year lease was created in March 2024 with passing rent of £35,000 per annum.

Offered to the market at Offers Over £200,000 for the leasehold interest.

The current Rateable Value as of 1 April 2023 is £29,400. This is subject to status and all interested parties are advised to check with the relevant local Authority.

Alcohol License