Business Summary

Central Business Sales is delighted to offer to the market a very rare opportunity to acquire a popular business in one of the most sought after locations in Scotland. The business is located in the Canongate in Edinburgh's historic city center. Opportunities to buy businesses in this area do not arise often and we suggest early viewing to avoid disappointment. The area attracts visitors and tourists from all over the world and provides a very high footfall all year round. The owner is reluctantly placing the business on the market due to relocation to the South of England.

The business is currently run as a coffee shop, which sells a range of sandwiches and rolls, and a retail business, which specialists in movie memorabilia. There is significant potential to expand the sandwich and catering area side of the business or to diversify the retail product offering. The premises have a class one license so can sell cold filled rolls and sandwiches as well as salads. It can also offer tea, coffee and soup.

The large premises are approximately 110 square meters (1180 square feet) and are in excellent condition. There is a good sized serving area with seating and a breakfast bar to the front. A large retail area is located to the rear, with display shelving throughout. There is also a large basement with a high ceiling, making it an option for expansion as it could be utilized to increase retail space.

The business is being offered on a leasehold basis with a long term lease through Edinburgh Council. The current rent is £17,500 per annum plus VAT. The business is run by the owner on a full time basis and is currently open 7 days a week.

Property Details