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Property Listing Details

Restaurant/cafe for sale

Queensferry Street, New Town, Edinburgh EH2

  • Business for sale

£65,000

Property details

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Last 30 days: 45 page views

Since listed: 448 page views

Description

Business
Hilton Smythe welcomes to the market an exciting opportunity to acquire an exceptionally well run and performing, authentic French patisserie business with a popular Café / Bistro that has an excellent reputation along with a strong and consistent brand.

The business has only now come to the open market as it’s our clients desire to leave the industry and concentrate on their other business interest.

The business has been under the careful and meticulous ownership of our client for just over 4 years, in which time they have grown the business year on year to an impressive level of turnover.

The business offers a bespoke, French patisserie production to supply restaurants, shops and cafes throughout Edinburgh, along with supplying the incredibly popular 35 cover Patisserie Maxime Café / Bistro.

The Café offers a warm and friendly environment for patrons to enjoy coffee & cake, traditional French soups and has an enviable light lunch menu that has proved exceptionally popular with locals & tourist alike.

The premises are also available to book for private & corporate functions and provide a full waiting service for all tables.

We feel that there is tremendous scope to increase the already impressive turnover and take the business to the next level by undertaking in a robust national marketing campaign to generate a flow of new customers, along with the possible application of an alcohol licence & extended opening hours to offer evening meals.

The business trades on its reputation for quality and service and has outstanding future possibilities.

It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry with an exceptional business, in an enviable location within the centre of Edinburgh.

A tremendous opportunity to own this turn key business, and early enquiries must come highly recommended to avoid disappointment.

Location
Patisserie Maxime is Situated in Edinburgh’s historic West End, this fantastic business is ideally located for a host of amenities, shops, fine dining restaurants, as well as being within walking distance of George Street and Princes Street.

The West End is serviced by vast array of cultural venues including the Scottish National Gallery of Modern Art, The Usher Hall and Lyceum Theatre on Lothian Road. Due to location the area further benefits from pleasant walks nearby on Princes Street Gardens, The Royal Botanic Gardens at Inverleith and along the Water of Leith Walkway.

The area is exceptionally well serviced in terms of both public transport links to all other parts of the city, along with great road networks both in & out of the capital city of Scotland.

Edinburgh is the capital city of Scotland, it is the second most populous city in Scotland and the seventh most populous 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 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 and the Canongate, and the extensive Georgian New Town, built in the 18th century

Premises
The business is located in a single fronted retail premises extending to 219.39m2, and is surrounded by a host of complimentary businesses resulting in a fantastic level of passing trade & repeat custom.

Entered at street level into a warm, bright and airy café/bistro, with large prominent display counters & serving point, along with bar style seating area.

To the rear of the ground floor is a mixture of various seating arrangements (35 covers) all presented to an immaculate standard to create an exceptional environment.

To the rear of the ground floor is a fully equipped, modern commercial kitchen fitted with quality fixtures and fittings.

The premises further benefit for a large basement area that houses a generous staff area / rest room & further extensive cold storage area.

A full list of fixtures, fittings & equipment to follow.

The business further benefits from having an informative website in place to showcase the products & services on offer along with generating an impressive level of new business enquiries.

Tenure
We are advised that tenure is Leasehold

10-year Lease with 6 years remaining

Rent £51,000 pa

Rates £27,500 pa

Hours
Monday To Saturday 7.30 am – 8.00 pm
Sunday 9.00 am – 6.00 pm

Staff
The business is currently run and managed by the current owners along with 5 other staff members .

Financial Profile
Accounts will be made available to all interested parties.

Map & Nearby

Local Amenities

  • Haymarket 0.5 miles
  • Edinburgh 0.8 miles
  • Basil Paterson School Upper School S5 S6 0.3 miles
  • St Mary's Music School 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Haymarket 0.5 miles
  • Edinburgh 0.8 miles
  • Basil Paterson School Upper School S5 S6 0.3 miles
  • St Mary's Music School 0.4 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Hilton Smythe Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information.