Bubble Tea Room in South London For Sale

Situated in a parade, excellent main road trading position, residential and commercial area, vibrant youthful culture, diverse community thrives amid fast transport links and urban energy, SW LONDON

Turnover £ 3,000
Price £100,000

Features

Modern Bubble Tea Shop - E Class


4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS, in the region of 900 ft², Laminate flooring, suspended ceiling with LED panel lights.

Tables, chairs and stolls seating 18 customer (could be extended.)

Sales counter, television screen for the menue, epos cash register, display cabinet, coffee machine (bean to cup), undercounter fridge, etc.

Separate Kitchen - Stainless steel extractor, microwave, crepe machine, double basket deep fat fryers, double door freezer, single door fridge, under couter triple door fridge, fridge with refridgerated bins for bubble tea storage, 200 ltr ice machine, 4 stainless steel preparation tables, single sink and drainer, wash hand basin, hort water urn, sealing machine, shakers, etc.

Stock room shelved.

Staff cloakroom with toilet and wash hand basin.


Basement, used for storage purposes..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a Gross profit of 65% approx. (50% DELIVERIES)

Staff

The business is at present operated by the vendor with 1 full time family member

Trading Hours

7 Day week
MONDAY - SUNDAY 12 noon - 11 pm

Outside

Rear access.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £33,000 p.a.

Business Rates from April 2025 £6,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 50,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote