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Convenience store for sale in residential area of Edinburgh

City of Edinburgh, Edinburgh, ID 149426

Convenience store for sale in residential area of Edinburgh 1
Convenience store for sale in residential area of Edinburgh 1
Asking price:
GBP £25 000
Owner
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Description

Convenience Store for Sale in Edinburgh A well-established convenience store is available for purchase in the vibrant city of Edinburgh. This versatile small store offers a wide range of products to the local community, including groceries, toiletries, pet food, hardware, and DIY items. The business also stocks an extensive selection of vaping and tobacco products with accessories, as well as snacks, beverages, and confectionery. The premises benefit from a prominent location with strong visibility and consistent foot traffic. Situated in a primarily residential area, the store presents opportunities for growth and expansion of its customer base. Operational for six months, the business has shown steady development. The current owner is selling due to health reasons and family commitments, offering a unique opportunity for a new proprietor to build on the established customer base and increase sales. The sale includes key fixtures and fittings, including a CCTV system, large chiller, new Monster fridge, additional small fridge, two counters, two vape stands, cigarette stand, newly installed gondola, and a slate wall for hardware and DIY items. The store is also equipped for postal services, with APC and DHL parcel options available. Leasehold is offered at £25,000 with an annual rent of £9,600. Freehold purchase options and potential sponsorship opportunities for business development are available upon enquiry. The business currently employs one staff member, making operations manageable for a new owner. Weekly sales currently reach approximately £2,500. Previous alcohol licensing was held but is not active, and there is potential for additional revenue streams including newspapers, magazines, pay points, and lottery services. This represents an excellent opportunity to acquire a thriving convenience store in a busy Edinburgh neighbourhood.

Details

Real Estate: Lease
Asking price: 25 000 gbp
Rent (per year): 9 600 gbp

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