The Terrace Cafe (Ref 1405)
- Price: 30000
- Tenure: Leasehold
- Business type: Coffee shop
Well-presented café/takeaway. Quality fixtures and fittings. Caters for c.28 covers. Popular with local residents and passing trade. Competitive rent/No rates payable. Scope to develop existing offering. Rent £8,400 per annum. Leasehold guided price £30,000.
The Terrace Café is located on Ashley Terrace which is in the Edinburgh suburb of Slateford just 2 miles west of the city centre. Ashley Terrace forms into Shandon Place to the north west where it joins Slateford Road and to the south east it intersects Polwarth Terrace through to Colinton Road.
The Slateford area of Edinburgh is densely populated with a wide selection of residential properties along with nearby Polwarth, Craiglockhart and Merchiston.
Harrison Park and The Union Canal are just a short stroll from the business as are the sports complex at Meggetland and Myreside Stadium.
The business trades from the ground floor of a four storey property with residential properties formed over the upper floors. As part of the traditional stone built tenement property, The Terrace Café sits alongside complimentary retail businesses. The frontage is predominantly glazed with a recessed entrance alongside and tasteful signage above. Car parking is available in the surrounding areas.
Our clients have owned and operated The Terrace Café for around 2.5 years during which time they have modernised the unit and upgraded the equipment within. As a family run business they have built up an excellent reputation with repeat custom from local clientele as well as from passing trade and those visiting the area. The café is in excellent order throughout and is perfectly set up for a hands on operator looking to run their own catering business in a very popular area of Edinburgh.
There is a selection of breakfasts available along with a lunch menu offering paninis, soup, sandwiches, salads along with daily specials and a variety of homebaking to go along with hot and cold drinks.
Our client does not offer a delivery service and chooses to trade the business on restricted hours leaving scope to develop.
Leasehold. There is around 6.5 years remaining on the current lease, current rent payable is £8,400 per annum.