Bubble Tea Room in Tyne and Wear For Sale

Situated in a parade, main road trading position, residential and commercial area, Tyne and Wear.

Turnover £ 250
Price £20,000

Features

Newly Established Bubble Tea Shop

5 DAYS OPENING

SINGLE FRONTED PREMISES, in the region of 550 ft², WITH ELECTRIC SHUTTERS Suspended ceiling with feature pendants and spot lights, laminate flooring.

Customer seating for 6 people.

Sales counter, touch screen cash register.

Bar table (natural stone cover), Tea machine, sugar machine, t pots, stainless steel table, was han basin.

Middle preparation room -used for storage. Ice maker, hot water boiler, electric ring, double sink, microwave, domestic stractor.

Rear room - Water filter.

Staff cloak room with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £250 p.w.

Staff

The business is at present operated by the vendor with family assistance as required.

Trading Hours

5 Day week
MONDAY, TUESDAY, THURSDAY & FRIDAY 11.30 a.m. - 6 p.m.
SATURDAY 12.30 p.m. - 6 p.m.

CLOSED WEDNESDAY & SUNDAY

Outside

Yard.

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 February 2024 with reviews every 5 years (next review 2028) at a current rent of £9,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE NOVEMBER 2024 AND OFFERED SOLELY FOR SALE AS THE VENDOR RETURNS ABROAD.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION
LOAN TO AN APPROVED APPLICANT.