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Property Listing Details

Property details

Features

  • Leasehold
  • Recently reduced for A quick sale!
  • Well established coffee shop, sales are more than £215,000 (net of Vat) pa
  • Enviable location, renowned for latte art
  • 5 Star rated on Tripadvisor, 4.9 on Facebook Reviews & 4.8 on Google Reviews!

Listing view statistics

Last 30 days: 64 page views

Since listed: 556 page views

Description

Reference - 47041

Description
recently reduced for A quick sale! Roundsquare Coffee House is an extremely busy business which has been run by the current proprietors since 2016. The business benefits from an enviable location, being located on the busy Morningside Road in Edinburgh. The business is being sold due to the current vendor’s wish to emigrate.

Morningside is a district in the south west of Edinburgh, Scotland, which centres on Morningside Road, an ancient route from the city to the south west of Scotland and Carlisle. It lies south of Bruntsfield, Burghmuirhead (including Holy Corner, Church Hill, and Greenhill); south-west of Marchmont, and south-east of Merchiston; and to the north of Comiston and the Braid Hills.

The business operates seven days per week and benefits from a good mix of sit in and take away customers. Operating from 08:00-18:00, the business offers an excellent selection of traditional coffee house fayre, including, cakes and savouries along with a selection of paninis teas, coffee and soft drinks. The business benefits hugely from its location and reputation for ‘Latte Art’.

The sale of Roundsquare Coffee House offers a great opportunity to purchase a well-established business. The business benefits from an excellent location in the popular Morningside area of Edinburgh. 5 Star rated on Tripadvisor, 4.9 on Facebook Reviews and 4.8 on Google Reviews! Viewing is highly recommended.

Offers in the region of £74,999 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Sales
Currently sales are more than £215,000 (net of vat) December 2016 to 31 may 2018

Accounts
Accounts are available after a formal viewing has taken place.

Trading Hours
Monday- Sunday 08:00-18:00

Staff
The business is managed by the owners with part time members of staff.

Building External
The property is a terraced lock up unit set over the ground floor. The front is straight to the street.

Building Internal
On entering the property, you are welcomed into a modern and well-presented seating area. The seating area is well furnished with tables and chairs for 30+ persons. To the rear of the seating area, you will find a spacious l-shaped service counter, with ample work surfaces to the rear.

The property is well maintained and presented throughout.

A communal WC is located off the dining room.

Residential Accommodation
There is no residential accommodation for owners/management available.

Tenure
We are advised that the property is held on a leasehold basis. The current lease is for a period of 10 years from end 2016, with an annual rental of £20,000.

Summary
The sale of Roundsquare Coffee House offers a great opportunity to purchase a well-established business. The business benefits from an excellent location in the popular Morningside area of Edinburgh. Viewing is highly recommended.

Offers in the region of £74,999 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Map & Nearby

Local Amenities

  • Haymarket 1.1 miles
  • Slateford 1.3 miles
  • St Peter's RC Primary School 0.1 miles
  • Edinburgh Montessori Arts School 0.1 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Haymarket 1.1 miles
  • Slateford 1.3 miles
  • St Peter's RC Primary School 0.1 miles
  • Edinburgh Montessori Arts School 0.1 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Bruce & Company. 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 Bruce & Company for full details and further information.