Restaurant/cafe for sale in Canongate, Edinburgh EH8

Guide price £55,000 (£5,109.67/sq. ft)
Restaurant/cafe for sale From 1 - 58 sq. m*
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Property description

Benes Takeaway is situated on Canongate, which forms part of The Royal Mile, Scotlands busiest street for tourists. Stretching from Edinburgh Castle at one end down to The Palace of Holyrood at the other, there is almost exactly 1 mile between these two famous attractions. This part of the Old Town is the busiest tourist location in the city, with a wide and varied selection of retail businesses, restaurants, pubs and hotels. Other popular locations in Edinburgh such as Princes Street, Grassmarket, Arthurs Seat and Holyrood Park are all located within a few minutes walk from the property.

Benes Takeaway has been trading from this location under the same family ownership for over 47 years. It has moved with the times over the years and from being a traditional Fish and Chip Shop to now also offering pizzas, kebabs and burgers as well. Deliveries are also available through the likes of Deliveroo and Just Eat. Although small, the unit is in good order throughout with a new 2 pan frying range having been fitted less than 3 years ago and is in such condition that the new owner can begin trading immediately with confidence. Our client chooses to only do evenings, there would be scope to extend the opening hours opening both earlier and by taking advantage of the late licence that is in place.

The property is offered on a new lease agreement with a starting rent of £22,500. The length of lease is flexible. A guide price of £55,000 is sought for the leasehold to include goodwill and fixtures & fittings.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Cornerstone Business Agents, EH26 on +44 131 268 8358 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cornerstone Business Agents, and do not constitute property particulars. Please contact Cornerstone Business Agents 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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