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CONFIDENTIAL SALE
FOR SALE
627098
The breakfast, coffee, and bubble tea café located in the heart of Newcastle is available for sale. It's an established business positioned in a prime town center location, attractive for its accessibility and potential. Being a unique business proposition, it boasts very competitive rent, making it an excellent investment opportunity.
The café is strategically situated right next to Northumbria University, and it’s on the path to numerous student accommodations, including Ouseburn and Heaton. This location ensures high foot traffic, predominantly from students and university staff. Additionally, it is the only bubble tea shop in the area, minimizing direct competition and maximizing its growth potential.
The leasehold price is set at £55,000, with an annual rent of just £4,190, making it an affordable investment given its bustling location. All stock, fixtures, and fittings are included in the sale price, ensuring a smooth transition for the new owner. Furthermore, the business enjoys a significant online presence with over 2,500 followers on Instagram, demonstrating an established brand identity and online reach.
The current owner is selling due to family relocation, and there are two employees presently managing operations. The owner is willing to offer training to the new proprietors, facilitating continued success. This café is fully fitted and ready for operation, with all the potential to expand the menu, working hours, and seating capacity in response to customer demand.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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