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Retail premises for sale

£45,000

52 Bridge Raod, Edinburgh EH13

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Property description

Business
Hilton Smythe are delighted to welcome to the market this truly unique opportunity to acquire a long standing, thriving Picture Framing, Gallery and Gifts business in the affluent Colinton (EH13) area of Edinburgh.

The business is very well known locally and has been trading since 1981 building up an enviable reputation, which has resulted in a loyal client base leading to a high level of repeat business from individual and corporate clients. Our client now looks to sell the business due to retirement.

The business offers a range of goods and services including, a bespoke framing service, repair work, art work sales (by local artists) and is also well stocked with jewellery, ceramics, books, greetings cards and other craft items.

The business prides itself on providing a bespoke service focused on the customers. In addition to being very well stocked and offering excellent customer service there is scope to further increase turnover, by embarking on further marketing activities including, updating the website, utilising social media and local press, evening art exhibitions, attendance of art and craft fairs along with extended opening hours.

This really is an outstanding opportunity to acquire a unique well-established business. Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Colinton Arts, occupies a substantial ground floor retail unit with a large basement workshop area on the busy and popular Bridge Road (EH13) in the affluent Colinton area of Edinburgh. The location also benefits from on street parking and is surrounded by a wealth of complementary shops and businesses, resulting in a good volume of footfall and passing trade. The area further benefits from excellent public transport links and local amenities.

Edinburgh is the capital city of Scotland, it is the second most popular city in Scotland and the seventh most popular in the United Kingdom. The city has long been known as a centre of education with 4 universities; all within close proximity to the business.

The city's historical and cultural attractions have made it the second most popular tourist destination in the United Kingdom after London, attracting over one million overseas visitors each year.

Historic sites in Edinburgh include Edinburgh Castle, Holyrood Palace, the churches of St. Giles, Greyfriars, The Canongate, and the extensive Georgian New Town, built in the 18th century.
Premises
Substantial double fronted ground floor premises in excellent condition; boasting an ideal trading location, briefly comprising:

Main Shop: -

Bespoke service counter/display unit.

2 x Large window display areas.

Further various display units located to front shop.

Rear Shop: -

Picture framing service area.

Various art display areas, stocking art work for sale.

Basement Area: -

Generous workshop area with two framing workshop areas, housing pneumatic and manual framing machines.

Kitchen Area.

WC.

Rear entrance to basement for all business-related deliveries.

The business is well signed and highly visible.
Tenure
We are advised that this is a leasehold opportunity.

2 years remain on the lease as of 2017.

Annual rent of £10,800.

The business owners have no reason to believe the lease would not be renewed.
Hours
Opening hours: -

Monday to Friday: 09:30 – 17:30

Saturday: 10:00 – 16:00

Potential for late opening one night a week.
Staff
The business is run by the current owner with help from two-part time members of staff.
Financial profile
Turnover to be advised.
Extra notes
Niche business opportunity

Well established

Bespoke service

Ongoing new owner support from current owner

What Zoopla users think of Colinton

Overall rating:

  • currently 4 stars
Very good - 81% (10 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Colinton:

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Community & safety
  • currently stars
  • 1
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  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Kingsknowe (0.9 miles)
  • Wester Hailes (1.2 miles)
  • Slateford (1.4 miles)
  • Edinburgh Airport (5.0 miles)
  • Glasgow Airport (45.7 miles)
  • Glasgow Prestwick Airport (58.7 miles)
  • Leith Newhaven Harbour Ferry Landing (5.7 miles)
  • South Queensferry Ferry Landing (7.7 miles)
  • Inchcolm Island Ferry Landing (8.7 miles)

Nearby schools

View all schools in Edinburgh
  • Merchiston Juniors (aka Pringle) (0.3 miles)
  • Bonaly Primary School (0.6 miles)
  • Clovenstone Primary School (0.7 miles)
  • Firrhill High School (0.8 miles)
  • Wester Hailes Education Centre (1.6 miles)
  • Edinburgh College - Sighthill Campus (1.8 miles)
  • Merchiston Castle School (0.3 miles)
  • Braidburn Special School (1.0 mile)
  • Oaklands Special School (1.6 miles)
Note: Distances are straight line measurements

Local info for Edinburgh

About the neighbours in EH13

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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