FOR SALE - LICENSED LOOSE LEAF TEA & COFFEE BAR

FOR SALE - LICENSED LOOSE LEAF TEA & COFFEE BAR

FOR SALE - LIQUID JADE
LICENSED LOOSE LEAF TEA & COFFEE BAR
Asking price:  £39,995 including assets.
Annual Turnover: £70,000
Net: on request
The owner is releasing the business as a going concern, due to personal circumstances. This makes it an ideal opportunity for a buyer to step in, continuing to develop a profitable business with low overheads.
The property is located in a busy City Centre location, accessible via Whitefriargate and Princes Dock Side/Zebedees Yard. This unique 30 seater licensed Loose Tea & Coffee Bar has an excellent reputation and is currently number one on Trip Advisor for Tea & Coffee in Hull for 2 years running; receiving 3 certificates of excellence. The tearoom is highly rated on google (4.9) and has a good, solid customer base. During the summer months, there is a spacious outdoor South facing seating area. 5* Food Safety Rating.              
The premises consists of one ground floor space, accessible via steps either side; one main customer area, servery, kitchen, customer toilet, staff toilet and outside seating area.
As a new and still developing business, of just under 4 years, it is the perfect opportunity for a buyer to continue increasing its profitability. Currently operating part time hours, a new buyer will be able to:
• Open before 10am & after 5pm
• Open Sundays and Bank Holidays
• Maximise on the A3 Alcohol & Music License
• Link up with events held in Zebedees Yard
• Provide Outside Catering
• Work alongside Hull City Council, who recently launched a £22m bid for funding earlier this year to regenerate Whitefriargate (one access point to the premises); proposing incentives to new and developing businesses.
The property is currently on a 7 year leasehold starting from  1st July 2015.