Prime Location Bennitos Cafe on Corstorphine's High Street, Edinburgh for Sale

Description

199 St John’s Road, Corstorphine, Edinburgh EH12 7UULEASE DISPOSAL / BUSINESS SALECLASS 3 RESTRICTEDLOCATIONThe property occupies a prominent position on St John’s Road, the main shopping thoroughfare in Corstorphine, close to the junction with Manse Road and adjacent to a row of established occupiers. Nearby businesses include Farmers Autocare, Royal Bank of Scotland and Domino’s Pizza.The area benefits from strong transport links, with regular bus and tram services providing access to Edinburgh city centre and the airport. The City Bypass is approximately a 5-minute drive away, offering wider regional connectivity.DESCRIPTIONThe premises are arranged over the ground floor of a standalone building and benefit from excellent street frontage. The open-plan layout makes the property well suited to its current use as a deli and coffee shop.The frontage is attractively presented with a decked external seating area, retractable awnings, signage and lighting. To the rear, a conservatory-style garden room has been added to provide additional customer seating space.The unit is fully fitted with commercial equipment including a coffee machine (rented), display refrigeration, sinks and dishwasher facilities. A DDA-compliant WC is located near the entrance.ACCOMMODATIONApproximate net internal areas:• 42 sq m (452 sq ft) internal• 18 sq m garden room• 15 sq m front decking areaLEASE TERMSApproximately 12 years remaining on a full repairing and insuring lease. Current rent is £18,000 per annum. The lease is extendable and may be renegotiated if required.PREMIUM£40,000 for the lease, fixtures and fittings, and goodwill of the business.THE BUSINESSThe business, trading as Bennitos, is a well-known local deli and café with a strong reputation in Corstorphine. It benefits from an established social media presence and strong local recognition.The menu includes pasta, paninis, salads, sandwiches, soups, coffee, gelato and breakfast items. Seating is available for approximately 6–9 covers internally, around 10 covers externally at the front, and a further 18–20 covers in the rear garden room.VATNo VAT is applicable on the lease.RATINGRateable value: £10,600Eligible occupiers may qualify for Small Business Bonus Scheme relief, subject to criteria.SERVICESMains water and electricity are connected.LEGAL COSTSEach party is responsible for their own legal costs, including any LBTT. Landlord costs are shared equally between assignor and assignee.ENTRYUpon completion of formal missives under Scots Law.VIEWINGBy appointment through the sole letting agent.