Well Established Independent Cafe and Art Space

Details

Details
Central Business Sales is delighted to offer to the market a very successful, popular and well established city centre cafe and community art space. A cafe has been trading in this location for over 11 years and the area has seen major change with the rising popularity of Air BnB rentals. The cafe benefits from now being an Edinburgh Festival Fringe venue, making it a highly sought after location throughout the summer. It also benefits from being located beside the King's Theatre, which brings in customers through the day and in the evenings.

The business offers a freshly prepared and locally sourced menu. The cafe is very popular with students as well as local residents and tourists. It benefits from a strong walk in trade due to its excellent city centre location. The owners have added local art work for sale and the cafe/gallery is proving popular. Furthermore, they have introduced themed nights with local musicians, which are being very well received.

The large premises are approximately 120m² (1,300 sq ft) and are in excellent condition throughout. The double front corner unit has a large open plan seating area to the front, with a good sized kitchen and preparation area to the rear. There is also a large (45m²) fully equipped kitchen in the basement, which is ideal for outside catering.

The business is being offered on a leasehold basis with 8 years left on the current lease and rent at £16,000 per annum. The premises have a restricted class 3 licence. The cafe is currently run by the two owners and 1 part time employee. Opening hours are currently 08:00-19:30 Tues-Fri, 09:00-19:30 Sat and 09:00-17:00, with longer opening hours during the festival period.

***PLEASE NOTE ALL VIEWINGS AND CONTACT MUST BE MADE THROUGH CENTRAL BUSINESS SALES - DO NOT MAKE A DIRECT APPROACH TO THE OWNER OR STAFF - 03454 745 145 or enquiry@centralbusinesssales.co.uk***

Listing Code _jaXZEi1rKk
Business Tenure LeaseHold
Listing Type Seller
Click for Contact Details
Goadsby
05/09/2019 City of Edinburgh, Edinburgh