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06 September 2018 | Restaurants

The grass may be greener for Edinburgh Old Town café for sale

Edinburgh café, Graze on Grassmarket, situated in the city’s historic Old Town, has been brought to the market through specialist business property adviser, Christie & Co.

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Currently offering capacity for 10 internal covers and a further 10 outside to the front of the property, the premises also provides a serving counter, spacious kitchen, office space and a basement for stock storage. The turnkey business presents an opportunity for a new owner operator to take on and begin trading immediately, with development permission granted to grow the seating capacity, subject to local authority fees.

Predominantly managed by a small team of the staff, with additional seasonal support at busy times of the year, the highly successful business operates seven days a week, targeting the busy breakfast and lunch trade. Offering light bites and drinks, the business is ideally located in a busy tourist area, close to Edinburgh Castle, to cater to ‘on the go’ customers, with a range of nearby shops and bars boosting footfall to the area.

Tony Spence, Business Agent at Christie & Co’s Edinburgh office who is handling the sale, comments, “The café is situated within a very vibrant part of Edinburgh City Centre, the Grassmarket area is one of the most vibrant, picturesque and lively areas of the city and is also surrounded by culture.  The business is truly in walk-in condition and presents an excellent opportunity for an ingoing purchaser.”

The leasehold interest for Graze on Grassmarket is on the market at an asking price of £100,000.