Property Details

161 John Street
Midlothian, Penicuik

£9,000 P.A.Premium Cost:£49,000

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PropertyDescription

Popular sandwich bar & takeaway business
Main Street Location
Strong, regular customer base
Leasehold available

LOCATION
The Brunch Box sandwich bar & takeaway is located at 161 John Street in the popular Midlothian town of Penicuik which lies approximately 10 miles south of Edinburgh City Centre. The unit forms part of a neighbourhood parade of shops occupying a prominent position at the northern end of John Street (A701) before it changes to the Edinburgh Road.

The location benefits from good footfall and passing traffic from children at the near-by school, from residents and from passing trade due to its main road location. Nearby occupiers include Tesco, Ladbrokes and Bank of Scotland as well as an industrial estate to the rear of the property. This is the only sandwich bar and take away shop in this part of town. Penicuik, Bilston and Roslin have many housing developments going ongoing, adding to the population of the surrounding area.

THE PROPERTY
The subjects occupy the ground floor level of an end terraced two storey property beneath a pitched slated roof in a busy main road location. There is a residential dwelling directly above. The frontage is tastefully presented with large display windows to the front as well as glazed double doors. There is a back door which leads to a neat and tidy bin store area.

The surrounding area is given over to a mix of mainly residential units, the local school as well as other retail and industrial in easy walkable distance. Parking is available outside the premises.

INTERNAL DETAILS
The business is fitted out internally to a high standard with good quality fittings and décor throughout. The serving counter is positioned centrally and benefits from a refrigerated cabinet display which is incorporated within the front customer area is another open fronted display fridge unit. Behind the counter and the back shop has all the equipment needed such as coffee machine, coffee grinder and Panini maker, microwave, gas range cooker/oven, Bain Marie, fridges and freezers as well as CCTV which is located in the dry storage cupboard to the rear.

Clean tiled flooring and halogen spotlights give a clean and fresh feeling to the premises on entering. The WC is located to the rear righthand side.

THE BUSINESS
The Sandwich bar benefits from a Restricted Class 3 Use. Our clients have owned and operated this business for just over four years during which time they have built up a strong local reputation.

The main thrust of the trade is centred on serving quality breakfast and lunch dishes; including hot filled rolls, baked potatoes, toasties, paninis, pies, with a range of soups and sandwiches, as well as quality coffees and handmade cakes and biscuits.

The business, which trades 6-days per week, is based on the loyal custom of the local residences, army barracks, passing traffic, school children and local workers. There may be scope to develop the business as a sit-in café at the front but our clients have chosen to remain purely takeaway.
This business offers an opportunity to a first-time buyer or experienced operator to further develop an already profitable operation.
The business trades from 7.30am to 2.30pm midweek and 9am to 1:30pm on a Saturday. The business does not currently open on a Sunday.

The business has previously run by the owner along with the assistance of five members of staff.

TRADING FIGURES
The business presently shows trading figures of circa £136,000 T/O per annum pre Covid 19 and £93,000 during Covid 19 when the café was shut for several months. Full trading information will be made available to seriously interested parties after a formal viewing.

PRICE & RENT
The guide price is £49,000 to represent the business sale and leasehold. Stock at Valuation will be paid in addition to this figure.

Rent sought is £9,000 per annum.

RATERABLE VALUE
According to the Scottish Assessors website (www.ssa.gov.uk) the subjects have a rateable value of £6,200. The uniform business rate for the current year is 0.49 in the pound. Occupiers may be eligible for rates relief through the Small Business Bonus Scheme if the combined rateable value of their premises in Scotland is 35,000 or less.

ENERGY PERFORMANCE CERTIFICATE
The EPC rating is pending.

SERVICES
We are advised that the property is connected to gas, electricity, water and drainage services.

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

LEGAL COSTS
Each party is responsible for their own legal costs, the ingoing tenant will be liable for any Registration Dues and LBTT relating to this transaction.

VIEWING
Strictly by appointment via the sole selling agents

PropertyOverview

  • Property ID:P597
  • Postal Code:EH26 8AT
  • Status:For Rent
  • Type:commercial
  • Class:3 (Food & Drink)
  • Property Size:588 sq ft
  • Price:£9,000
  • Premium Cost:£49,000

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