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Retail premises for sale

£39,950

314 Morningside Road, Edinburgh EH10

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Property description

Business
Hilton Smythe are delighted to welcome to the market this long established fruit and greengrocer business in Edinburgh with an enviable reputation for fresh produce. The business was established in 2005 and has been in our client’s careful hands since growing an excellent reputation locally.

Fruit A Licious is only now being offered to the market due to our clients desire to take a well-deserved retirement. The business is open 7 days a week and generates a fantastic turnover in the region of £122,000 per annum.

The business is a well-established greengrocer that has been trading for many years. The shop has a vast loyal and repeat customer base. Our client has maintained a fantastic reputation with the customers over the many years he has run the business. The shop benefits from having no competition from large supermarkets.

The shop sells a wide variety of fresh produce including fruits, vegetables, fresh herbs a range of condiments, high end groceries, oils and tinned foods & also will make freshly squeezed juices in store . The shop prides itself on selling products you don't find in supermarkets for reasonable prices.

We are advised the shop has many loyal & repeat customers, our client has expanded the product lines to cater for this market, which has proven to be very popular.

We feel there is tremendous scope to increase turnover for the business with the introduction of some new produce to sell in store, supplying the vast amount of independent coffee shops and restaurants within the local area, with a wholesale fruit and veg delivery option. Along with home deliveries, supplying local schools with a healthy snack box option along with investment in a modest marketing campaign and the introduction of a dedicated website would all help to significantly increase the already trading figures.

This is a tremendous opportunity to own this highly desirable business and an opportunity to acquire a modern thriving turn key business an early viewing must come highly recommended to avoid disappointment.

Location
Fruit A Licious is situated on a busy main road location in the heart of the affluent area of Morningside, amongst a parade of complementary businesses. The area is a highly desirable and densely populated pocket of Edinburgh. The shop is located approximately 10 minutes (driving distance) away from Edinburgh city centre and Edinburgh Train Station.

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. Edinburgh has a population of circa 487,500 and lies at the heart of a larger urban zone with a population of 778,000. The city has long been known as a centre of education with 4 universities within 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 and the Canongate, and the extensive Georgian New Town, built in the 18th century.

Premises
Single fronted parade premises, briefly summarising: -

The premises are situated on a busy retail parade in the affluent Morningside area of Edinburgh and features an eye catching exterior display with prominent signage. The exterior is finished in a vibrant colour and has large windows. The windows bring a lot of light in to the premises, which provides a bright and airy feel.

The entrance leads to the main sales area, the area is fitted with high quality handmade wooden perimeter shelving on the both sides, with a large centre display and chilled storage to the rear of the shop.

To the rear of the shop floor is a serve over counter, with a preparation area, wooden wall displays and a juicing machine, weigh and electronic pay point.

A store room is in place to the rear of the premises, which is accessed via a door at the back of the sales area. The store room is fitted with a counter small kitchen area, sink area and W/C area.

Further wooden displays are situated in front of the premises.

Tenure
We are advised Tenure is offered on a leasehold Basis.

Lease 15 Years with 10 Years Remaining.

Rent £16320 pa.

Hours
The business operates the following hours:

Monday – Friday 09.30am – 7.30pm
Saturday -Sunday 11.30am – 6.30pm

Staff
The business is run and managed by the current owner and 1 part time staff.

Financial Profile
Accounts will be made available to interested parties.

What Zoopla users think of Morningside

Overall rating:

  • currently 4.5 stars
Very good - 89% (33 ratings)

Ratings breakdown:

  • currently 4.5 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 4.5 stars
Restaurants & shopping
  • currently 5 stars
Schools & public services
  • currently 5 stars
Transport & travel

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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Haymarket (1.3 miles)
  • Slateford (1.3 miles)
  • Edinburgh (1.9 miles)
  • Edinburgh Airport (6.1 miles)
  • Glasgow Airport (47.6 miles)
  • Glasgow Prestwick Airport (61.0 miles)
  • Leith Newhaven Harbour Ferry Landing (3.8 miles)
  • Inchcolm Island Ferry Landing (7.9 miles)
  • South Queensferry Ferry Landing (8.2 miles)

Nearby schools

View all schools in Edinburgh
  • George Watson's College Junior School (0.3 miles)
  • Blackford Brae Project(Barnardo) (0.5 miles)
  • South Morningside Primary School (0.5 miles)
  • James Gillespie's High School (0.7 miles)
  • Boroughmuir High School (0.7 miles)
  • Tynecastle High School (1.1 miles)
  • The Royal Blind School Canaan Lane Campus (0.3 miles)
  • George Watson's College (0.3 miles)
  • Edinburgh Steiner School (0.6 miles)
Note: Distances are straight line measurements

Local info for Edinburgh

About the neighbours in EH10

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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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