Peter Crichton

Cell: 250-889-4000 |

My Listings

F25 1644 Hillside Ave
Vi Hillside V8T 2C5

$239,000
Commercial Sale

Main Photo: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
Photo 1: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
Photo 2: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
Photo 3: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
Photo 4: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
Photo 5: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
Photo 6: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
Photo 7: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
Photo 8: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
Photo 9: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
Photo 10: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
Photo 11: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
Photo 12: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
Photo 13: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
Photo 14: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
862884
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.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Assignment of Lease, Sale Of Shares
Listing General Location:
Vi Hillside, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0 acre(s)
Taxes:
$1 / 2021
Electricity:
Yes
Total Building Area:
226 sq. ft.
Commercial Area:
Core (excl Downtown)
Water supply:
Municipal
Sewer:
Sewer Available
Fireplace:
No
Electric, Equip/Machinery, Fixtures, Franchise, Gas, Goodwill, Leasehold Improvements, Trade Name(s)
City
Center of Food Court, back to back with Booster Juice.
Main Level
Assessed:
1.0
Assessment year:
2020
Association Fee Year:
2020
Jurisdiction name:
City of Victoria
Legal Description:
No real property involved.
Occupancy:
Tenant
Utilities:
Cable Available, Electricity Connected, Phone Available
Parking Features:
On Site
Business Name:
Le Tea
Business Type:
Retail
Total Units:
1
  • Photo 1: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
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  • Photo 5: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
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  • Photo 11: F25 1644 Hillside Ave in : Vi Hillside Business for sale (Victoria)  : MLS®# 862884
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Listed by Peter Crichton and Jilly Yang of DFH Real Estate Ltd.
Data was last updated January 20, 2021 at 02:05 AM (UTC)
Area Statistics
Listings on market:
52
Avg list price:
$430,000
Min list price:
$34,000
Max list price:
$6,800,000
Avg days on market:
135
Min days on market:
1
Max days on market:
1,280
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations.
PETER CRICHTON
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.