Bubble Tea Shop in Surrey For Sale

Situated in a parade, excellent trading position, SURREY

Turnover £ 400
Price £17,500

Features

Modern Bubble Tea Shop, Ice Cream & Waffles

5 STAR HYGIENE RATING

NEWLY FITTED SINGLE FRONTED PREMISES, in the region of 214 ft² - CCTV (4 cameras), Non slip vinyl flooring, suspended ceiling with LED spotlights.

Customer waiting area with tables and chairs for 8 people.

Sales counter, EPOS cah register.

Undercounter fridge, undercounter freezer, single sink and drainer, wash hand basin, display fridge, ice cream display freezer, bubble tea shaker, double waffle maker, expresso coffee machine, 100 ltr ice maker, hot water boiler, cup sealer, 2 tea urns, Pearl cooker, syrup dispenser, etc.

Staff changing area.

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £400 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the staff (3 part time staff.)

Trading Hours

7 Day week
MONDAY - SATURDAY 12 noon - 6pm
SUNDAY 12 noon - 5pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a lease (Trust Fund) granted for 10 years in 2023 with reviews every 5 years (next review March 2028 - with a option to break the lease) at a current rent of £15,000 p.a. plus VAT. The Landlord requires a 3 month rent deposit.

N.B. The lease is outside the 1954 Landlord and Tenant Act.

We understand there is a current service charge of £79.14 plus VAT every 3 months including building insurance.

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

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £17,500 plus STOCK AT VALUATION
LOAN TO AN APPROVED APPLICANT.