Retail premises for sale in Edinburgh, Edinburgh EH4

£64,950
Retail premises for sale
Interested in this property? Call +44 131 268 9615 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Great Edinburgh city location
  • Turnover in excess of £200k per annum
  • Multi award winning business
  • An impressively presented and popular local business

Property description

Reference - 48198

Description
The post office and Deli is a delightful business that is located in a busy location in Edinburgh, on one of the main approach roads in a busy residential area, with ample free car parking outside for passing trade and the local community.

This is a traditional local Post Office which is well supported by the local community and this is also a well-established deli offering a range of freshly made hot and cold rolls and sandwiches, homemade soup and cakes, coffees, teas and a good range of gifts and cards.

The current owner has won many great awards including, Post Office of the Year, Edinburgh Prestige Awards 2020, Best Independent Post Office, Retail Industry Awards 2019 & 2018 and Top Performer Post Office Retail Awards 2019. This shows the professionalism and customer service ability of the staff and current owner.

This is an excellent business opportunity to purchase a well established and well managed Post Office and deli which is operated with great credit to the current owner. There is potential to increase the current turnover by offering extended opening hours, as they choose to close currently on the weekends but do open over the festive period to cater for their loyal customers.

Sales
Currently shop sales average £200,000 pa approximately.
Annual po income approximates to £22,000 pa

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday – Friday 09:00 – 17:00
Saturday and Sunday closed

Staff
Managed by the owner with 2 full time and 1 part time staff.

Building External
The post office and deli is located in the middle of a parade of retail units with a single fronted full glass window and modern bright signage. There is also ample free parking along the length of all the shops for the convenience of their customers.

Building Internal
On entering the business you will notice the cleanliness, along with well stocked gifts and card area and the well-presented refrigerated glass display cabinet on the right-hand side with coffee machine.

The Post Office counter is located to the rear of this one level retail unit, with a small galley kitchen and staff area with staff toilets.

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

Tenure
We are advised that the property is held on a 10 year lease which commenced in 2011. The annual rent is £16,500 exclusive (correct as advised on 28/11/2020). Rent reviews are at 3 yearly intervals.

Summary
Bruce and Co are excited to bring to market this multi award winning Post Office and deli which is in a great location. We are expecting a high level of interest and we do recommend an early viewing is essential to avoid disappointment.

Arrange Viewing

For more information about this property, please contact
Bruce & Company, EH12 on +44 131 268 9615 * (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 Bruce & Company, and do not constitute property particulars. Please contact Bruce & Company for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation 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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