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1644 Hillside Ave , F25

Victoria, BC V8T 2C5
  • $239,000
  • STATUS: Active
  • ON SITE: 283 Days
  • MLS #: 862884
UPDATED: 51 min ago
$239,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Business Opportunity
Area:

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.

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http://www.vreb.org/vreb/VREBReciprocityProgram.html

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Call Victoria Home | Sutton Group-West Coast Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2021-10-24T13:21:54.217.
www.callvictoriahome.com/homes/113242641
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1644 Hillside Ave , F25 Victoria, BC V8T 2C5

  • Price: $239,000
  • Status: Active
  • Updated: 51 min ago
  • MLS #: 862884
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
Vi Hillside
Area:
Victoria
School District:
Capital Regional District
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.
Exterior Features

Entry Location Main Level Parking Features On Site View City View YN Yes Waterfront YN No

Interior Features

Fireplace YN No Heating YN No

Property Features

Ownership Leasehold Property Sub Type Business Sewer Sewer Available Tax Annual Amount 1 Tax Jurisdiction City Of Victoria Tax Year 2021 Utilities Cable AvailableElectricity ConnectedPhone Available Water Source Municipal

Listing provided courtesy of Sotheby's International Realty Canada and [CO-OFFICENAME].

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
http://www.vreb.org/vreb/VREBReciprocityProgram.html

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Call Victoria Home | Sutton Group-West Coast Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2021-10-24T13:21:54.217.
 
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