Situation M A Store is in The New Town area Of Edinburgh. The property is located in affluent area with a variety of speciality shops, bistros and restaurants nearby. The main shopping and commercial thoroughfares of Princes Street and George Street are close by including Harvey Nichols and John Lewis. In addition there are leisure facilities at the Omni Centre which includes a multi-screen cinema, a Virgin Active health club and various restaurants. The Edinburgh Playhouse theatre is also close by. The green spaces of The Royal Botanic Gardens, Inverleith Park and the Water of Leith. Waverley and Haymarket rail stations and St Andrew Square bus station are all easily accessible with regular bus links throughout the City, and an express bus runs from Waverley Station to Edinburgh International Airport. Excellent schools in both the state and private sectors are easily accessible.
Building Internal The property is over ground and basement level of a traditional terraced property with corner location. The shop floor is well designed with a functional service counter located at the rear. The shop is arranged with 3 isles which provide ample shelving and display opportunities all around the shop floor along with large refrigeration unit to the left-hand side. The business has a store room located to the left-hand side beyond the service counter as well as staff areA. The basement of the property has 3 separate rooms with wc and is currently used for storage but at one time would have been a basement flat
Building External There is ample on street parking.
Services The property has all main services connected.
Tenure The vendors own the property and will grant a new lease (subject to contract) with the term negotiable and initial rent of £15,000 pa
Accounts Full trading figures will be available after a formal viewing has taken place
Summary The vendors own the property and will grant a new lease (subject to contract) with the term negotiable and initial rent of £15,000 pa
Price Priced for a quick sale due to retirement, £6,995 is sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation
Viewing Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.
Description Bruce & Co. Are delighted to introduce M A Store, a well-run and popular shop located in Edinburgh. The business has been run by our clients for 30 years and they have reluctantly placed it on the market due to retirement. The store stocks a selection of convenience/grocery items, alcohol, cigarettes and confectionary. Although trading successful, we believe turnover could be increased with additional opening times and expanding some of the retail lines on display. This business has huge potential as the business is currently run to a pace which suits the owners
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