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Long Established Health Food Shop, Morningside, Edinburgh For Sale

Edinburgh, Edinburgh City
Asking Price:
£59,000
Sales Revenue:
£200,000
Cash Flow:
Available on request

This is a superb opportunity to acquire this popular and profitable health food store in the centre of the affluent Morningside area of Edinburgh. Established in 1972, this is a well fitted shop in a highly visible location.

Its loyal regular clientele and good passing trade are producing a growing turnover of over £200,000 per year.

Easily managed business that is suited to an owner manager with part-time staff.

Business, leasehold interest and fixtures & fittings for sale at offers over £59,000 plus stock at valuation.

This fully fitted unit has an inviting feel, making customers feel relaxed while they shop for a wide range of health foods and natural remedies. Very much part of the local community the business has a very loyal customer base and is the only health food shop on the south side of Edinburgh.

Owner runs the business with 2 part-time staff. This business is easy to operate and ideally suited to an owner manager.

Sales are growing and currently exceed £200,000 per year. The sale price includes all equipment, fixtures and fittings. Stock at cost is around £20,000. Further financial information can be made available to serious interested parties after viewing.

Opening hours: 9.30am - 5.30pm Monday to Saturday.

Premises: These are highly visible premises located on Morningside Road in an area surrounded by other quality retailers. It is an upmarket high footfall retail area. This bright shop extends to 30m2 (317sqft) and comprises a spacious front shop with rear store and staff toilet.

Tenure: Leasehold. Rent £11,500 per annum. Current lease runs until May 2029. Rateable value £11,300. The business qualifies for 100% rates relief so no rates are payable.

Property information

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