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Royal Mile Food, Drink & Gifts Retailer For Sale

Edinburgh, Edinburgh City, UK
Asking Price:
£95,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Beautifully presented retail unit. Enviable trading location on Scotland’s busiest tourist street. Established business trading for c.9 years. Speciality ‘Scottish made’ food, drinks and gifts retailer. Further potential for growth online. Council lease – 18 years remaining. Rent £35,000 per annum. Company Share sale – price inclusive of circa £30,000 stock.

Cranachan & Crowdie is situated on Canongate, which forms part of The Royal Mile, Scotland’s busiest tourism street. Stretching from Edinburgh Castle at one end down to The Palace of Holyrood at the other, almost exactly 1 mile between these two famous attractions.

Our clients created and have operated Cranachan & Crowdie since 2012, building up a fantastic reputation both locally and from further afield.

After many years successfully trading and being featured in several well respected travel guides, the owners have decided it is time to take things a bit easier and have placed the business on the market for sale.

With its excellent trading location and desirable products on offer, it is an excellent opportunity for a purchaser to continue and potentially expand on what has already been put in place. A full range of the products can be found at where traditional gifts along with fine foods can be purchased.

The licence on the premises allow the sale of quality whisky along with the hugely popular range of gins now being produced in Scotland. There is undoubtedly scope to expand on the online side of the business.

Due to current Covid restrictions the business is not trading to the public at the moment.

Property Information

Property:

Leasehold

Lease Terms:

The subjects are held on the basis of a council lease and the annual rental is £35,000. There are circa 18 years remaining on the current lease. Company Share sale – price inclusive of circa £30,000 stock.

Leasehold Rent:

£35,000 per annum

Location:

Cranachan & Crowdie is situated on Canongate, which forms part of The Royal Mile, Scotland’s busiest tourism street. Stretching from Edinburgh Castle at one end down to The Palace of Holyrood at the other, almost exactly 1 mile between these two famous attractions.

This part of the ‘Old Town’ is the busiest tourist location in the city, with a wide and varied selection of retail businesses, restaurants, pubs and hotels.

Premises Details:

The business trades from the ground floor with basement in a terraced four storey property. Car parking is available in surrounding streets. The shop opens out into an open plan sales area with the serving counter positioned on the left hand side. The interior walls feature bespoke shelving and displays throughout. There is a suspended ceiling with spotlights overhead and attractive wooden flooring underfoot.

Other Information

Related Documents:

Contact Information

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