Address
F25-1644 Hillside Ave Victoria, BC
Price
$ 239,000
Property Attributes
  • ID#862884
  • TypeCommercial
  • CityVictoria
  • AreaCapital Regional District
  • NeighbourhoodVictoria
  • Postal CodeV8T 2C5
  • Style
  • Taxes1
  • Price$ 239,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage226
Listing Provided Courtesy Of:
Peter Crichton with DFH Real Estate Ltd.
Data Source:
RLP - CREA EN
Property Description

Le Tea originated from Hong Kong and is an infusion of traditional tea art and modern elements. It is a brand that honours quality and the production process. Le Tea chooses tea that grows with original ecology and uses fresh fruit for additional ingredients. Le Tea has a personalized technique and a unique way of making its offerings and this has helped Le Tea to become a popular beverage store among all different age groups. "Le Tea is a franchise operation offering Bubble tea. The Seller is offering the business for sale as a "Share " sale. This will allow the buyer to benefit from tax losses going forward and shelter any income for a number of years. The return of a Company deposit in 2 years will effectively reduce the purchase price by about $75,000. There are a number of other benefits accruing from a "share" purchase that we and your accountant can explain to you.

General Features

Business Type Retail
Garage no
Inclusions Electric, Equip/Machinery, Fixtures, Franchise, Gas, Goodwill, Leasehold Improvements, Trade Name(s)
Listing Type Commercial
Neighbourhood Victoria
Parking yes
Suite Number F25
Terms SALE
Wheel Chair Access no

Interior Features

Fireplace no

Exterior Features

Pool Y/N no

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V8T 2C5

Price
AVG $190K
$240K
Taxes
AVG $1
$1
Visits
AVG 54
101
Walkscore
AVG 79
78
Data Provided by Walkscore ® not using MLS data