Busy DVD Rental Business or Lease Only - Excellent Premises Edinburgh City

Price:

Offers invited

Seller Ref:

453

Location:

Scotland, Edinburgh

Business Type:

Commercial Property, Retail businesses

See Other:

Dvd rental for sale in Scotland
Retail space for sale in Scotland
Retail businesses for sale in Scotland
Commercial property for sale in Scotland

Description:

THE BUSINESS:

***OFFERS INVITED FOR EXISTING DVD RENTAL BUSINESS OR LEASE ONLY***

This DVD rental business benefits from an excellent trading location and has been established and run by the same owner for the last 7 years. The business still has good trading figures but it needs to either be expanded to offer other products or services or be completely changed to offer an entirely different kind of business.

The current rental business has around 4000 registered members and will include all the equipment with the main DVD rental system having cost around £80,000. There are 4 rental machines holding over 3000 Dvds. The system is a prepaid membership and is available 24 hours a day. The premises are currently secured so the rental system can be accessed without going into the main shop.

The premises are approximately 65m2 (670 sq ft) and with the easy removal of the DVD equipment, could open up to become a spacious, light and airy retail unit, ideal for a newsagents, clothes shop or gift shop. The area has a very high footfall with its central location and is very busy through the year and attracts a large amount of tourists and students.

The business or empty shop premises are being offered on a leasehold basis with the current rent £11,500. There are currently no rates payable on the property. There are 2 years left to run on the current lease with an extension or a brand new lease available.

***ALL VIEWINGS ARE STRICTLY BY APPOINTMENT ONLY - ALL CONTACT MUST BE MADE THROUGH CENTRAL BUSINESS SALES - 08454 745 145, info@centralbusinesssales.co.uk***

Lease Terms:

Annual rent £11,500