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View the "High Quality Café Brasserie & Restaurant in popular Shore area of Edinburgh (ref 1339)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

High Quality Café Brasserie & Restaurant in popular Shore area of Edinburgh (ref 1339)

Edinburgh City, Scotland

  • Leasehold Price: £95,000  Price Reduced arrow_drop_down
Seller Reference: 1339
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Business Description
 
 
 
 
 
 
 
 
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Seller Reference: 1339
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Business Description
Exceptionally well appointed Restaurant premises. Circa 100 Covers; Conservatory (34) Brasserie Restaurant (66). High Profile trading location in the Shore Area.
Rent £35,000 and Service Charge £7,500. Residue of a 15 year lease (2017). Historic turnover circa £900k. Superb Opportunity.

The business occupies a prime trading location on Commercial Quay, close to the shore in Leith. The premises are opposite Scottish Government building, Ocean terminal as well as one of Edinburgh’s most popular tourist attractions – the Royal Yacht Britannia.

The business occupies the ground floor of a converted bond warehouse, with all restaurant and business accommodation on ground floor. Main entry is via stylish conservatory entrance on Commercial Quay as well as a rear entry on Commercial Street. We are advised the gross internal area is 2,572 sq ft. The business is currently presented to a high standard. For new operators Café Tartine represents a plug in and play opportunity stylishly fitted out in a brasserie restaurant style.

Main entry on Commercial Quay affords entry directly into the conservatory and restaurant. Total covers are circa 100 with seating of 34 in a bright conservatory and 66 in the restaurant.

Café Tartine has proven to be a popular and stylish culinary addition since opening in Leith in 2014. The business has traded as a popular Brasserie and restaurant trading 7 days a week and opening for breakfast, lunch and Dinner. At present the business has closed because of Covid but this elegant business has the immediate facility to start trading with the turn of the key and a flick of switch.

Our clients are moving away from hospitality to concentrate on their young family and this huge opportunity should be very attractive to motivated purchasers. The business had traded well with a large volume of regular customers, office workers, tourists as well as having lucrative contracts with tour companies.

Historic trading figures show a turnover peak approaching £900k net of VAT. Net turnover for 12 months to December 2019 was £656,000. Yearly turnover will be made available after a formal viewing.
Tenure:
Leasehold
Location Details:
The business occupies a prime trading location on Commercial Quay, close to the shore in Leith. The premises are opposite Scottish Government building, Ocean terminal as well as one of Edinburgh’s most popular tourist attractions – the Royal Yacht Brittania.
Leasehold Term:
We are advised that there is 12 years left on the current lease signed in 2017. The current rent is £35,000. There is also a landlord service charge of £7,500 per annum. The landlord will require a rental deposit/rental guarantee.
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