Bubble Tea and Vegan Takeaway in Middlesex For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Middlesex.

Turnover £ 1,500
Price £59,950

Features

Bubble Tea & Vegan Burger Takeaway (a3 Useage)


4 STAR HYGIENE RATING

SINGLE FRONTED AIR CONDITIONED PREMISES, in the region of 575 ft², WITH ELECTRIC SHUTTERS, CCTV (7 cameras), marble flooring, plasterboard ceiling with spot lights.

Customer waiting area with bar seating, LED menu boards.

Sales counter, epos cash register.

2 under counter fridges, open cool display unit (2 metres), full height fridge, ice machine, bubble tea cup sealing machine, shaker machine, sugar dispensor, soup warmer, 2 sinks.

Rear Kitchen (A3 licence) - Stainless steel extractor, rice cooker, double basket deep fath fryer (electric), 2 hot water urns, grill, 4 burner gas hob, microwave, triple door under counter fridge with stainless steel top, chest freezer, double sink and drainer, stainless steel preparation tables, etc.

Staff cloakroom with toilet and wash hand basin.

Office.

Shelved storage area.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,500 p.w.

Staff

The business is at present operated by the father & son team with the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 12 noon - 10 pm
SUNDAY 12 noon - 9 pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2023 at a current rent of £20,000 p.a., with reviews every 3 years (next review 2026, when the rent is expected to go up to £21,500 p.a.)

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £59,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 29,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote