7/8 QUEENSFERRY STREET, EDINBURGH, EH2 4PA...

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wannaburger 7/8 QUEENSFERRY STREET, EDINBURGH, EH2 4PA GUIDE PRICE—OIRO £150,000 Leasehold

Transcript of 7/8 QUEENSFERRY STREET, EDINBURGH, EH2 4PA...

Page 1: 7/8 QUEENSFERRY STREET, EDINBURGH, EH2 4PA ...files.ctctcdn.com/cefea96b001/cb49dd3c-a076-49b3-b545-b...WANNABURGER ,7/8 QUEENSFERRY STREET, EDINBURGH, EH2 4PA A SUPERB BUSINESS OPPORTUNITY

wannaburger 7/8 QUEENSFERRY STREET, EDINBURGH, EH2 4PA

GUIDE PRICE—OIRO £150,000 Leasehold

Page 2: 7/8 QUEENSFERRY STREET, EDINBURGH, EH2 4PA ...files.ctctcdn.com/cefea96b001/cb49dd3c-a076-49b3-b545-b...WANNABURGER ,7/8 QUEENSFERRY STREET, EDINBURGH, EH2 4PA A SUPERB BUSINESS OPPORTUNITY

WANNABURGER ,7/8 QUEENSFERRY STREET, EDINBURGH, EH2 4PA

A SUPERB BUSINESS OPPORTUNITY Highly visible trading location

Situated in the heart of Edinburgh’s busy West End

Unique “fast food” business offering full restaurant sit-

in (75+ covers) option as well takeaway

Ideal scalable business and potential franchise model

First class opportunity

SITUATION

Wannaburger is situated within Edinburgh’s busy West End on

Queensferry Street, close to the junction of Shandwick Place and the west-

ern end of Princes Street.

This is a highly sought after trading location situated amongst shops, de-

partment stores as well as individual and corporate run restaurants and

bars.

The West End has seen significant inward investment since finalisation of

the tram project with many new exciting restaurants and brands opening

recently. The West End is a vibrant trading location very popular with a

mix of clientele including students, shoppers, office workers and tourists.

Edinburgh is recognised as one of the most popular capital cities in Eu-

rope to visit. The city has a vibrant social scene with eclectic bar, res-

taurant and leisure offerings spread throughout the city centre.

THE PROPERTY

The business occupies the ground and mid first floors of a very promi-

nent prime sited semi-detached shop unit within a three storey tradition-

al tenement style property.

Entry is via an entrance vestibule which leads into a modern and stylish

restaurant offering customers the choice to sit in or takeaway. The busi-

ness has near floor to ceiling windows which allow a bright interior,

complimented by white timber furniture arranged around high tables,

traditional tabling as well as booth style seating. The interior has a ca-

pacity for at least 75 covers, although this is augmented with a large

takeout custom.

There is a well equipped fast food style counter with an open plan and

fully equipped commercial catering kitchen behind. To the right hand

side on entry there is a soft drink dispenser .

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THE BUSINESS

The business has been run by our clients since 2007, during which time they have

established a well known brand within the Edinburgh area. Wannaburger has a

very strong brand identity with eye catching logo and a valuable web domain

( www.wannaburger.com ). It is felt that this business has tremendous scope as a

“roll out brand” and this is a real avenue of potential growth new prospective pur-

chasers may wish to keenly explore.

Alternatively, the business occupies a prominent trading site in the heart of Edin-

burgh’s ever popular West End and given the layout of the property would lend

itself to a variety of different types of international cuisine.

Edinburgh’s West End is now re-gaining its reputation as one of the major li-

censed circuits in Edinburgh’s city centre.

Wannaburger has a tremendously simple ethos of offering high quality and tasty

fast food in a modern restaurant environment as well as offering the slick counter

service of fast food style restaurants.

The business has an all day offering including breakfast. The business is run by

our client with the assistance of 8 full time and 6 part time members of staff.

click HERE to visit the business website

The business will be sold with all intellectual property connected to the business

including the valuable web domain and trading name.

OPENING HOURS

7.30am to 10.00pm Monday to Thursday

7.30am to 11.00pm Friday

9.00am to 11.00pm Saturday

9.00am to 10.00pm Sunday.

SERVICES

We are advised that all mains services are connected.

CONSENT

The property has full Class III Cooking Consent.

TENURE

The business is offered on a leasehold basis with a current passing rent of

£80,000per annum. We are informed that there are 12 years remaining on the

current lease.

PRICE

The asking price is offers around £150,000 to represent the goodwill of the

business, assignation of the lease, fixtures and fittings.

VIEWING

Strictly by appointment via the sole selling agents Cornerstone Business

Agents. Phone 0131 445 7222 or email [email protected].

OFFERS

All offers couched in Scottish legal terms should be submitted to the sole selling

agents.

Cornerstone Business Agents The Walled Garden, Bush Estate, Midlothian, EH26 0SD

Phone 0131 445 7222 Fax 0131 445 4300

E mail [email protected]

www.cornerstoneba.com

Please note the information provided on these sales particulars are for

guidance only and should not be relied upon by potential purchasers of this

business/property.

WANNABURGER ,7/8 QUEENSFERRY STREET, EDINBURGH, EH2 4PA

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WANNABURGER ,7/8 QUEENSFERRY STREET, EDINBURGH, EH2 4PA