Business for sale

496 Drake Street, Yaletown, Vancouver

$599,000 or
Contact the REALTOR®
Business for sale in Yaletown, Vancouver, Vancouver West, 496 Drake Street, 224969524 | Realtylink.org
Business for sale in Yaletown, Vancouver, Vancouver West, 496 Drake Street, 224969524 | Realtylink.org Business for sale in Yaletown, Vancouver, Vancouver West, 496 Drake Street, 224969524 | Realtylink.org Business for sale in Yaletown, Vancouver, Vancouver West, 496 Drake Street, 224969524 | Realtylink.org Business for sale in Yaletown, Vancouver, Vancouver West, 496 Drake Street, 224969524 | Realtylink.org
$599,000 or

Business for sale

496 Drake Street, Yaletown, Vancouver

Features

Lifestyle
224969524 599000 /en/business~for-sale~yaletown-vancouver/224969524?view=Summary /en/business~for-sale~yaletown-vancouver/224969524/photos 49.2744900000 -123.1257400000 true
Floor Area
1,900 sqft
Building Type
High-Rise (5+ storeys), Mixed Use, Residential Mix
Zoning
CD-1
Amenities
Other
Major Business Type
Food & Beverage
Minor Business Type
FB - Fast Food
Business Name "doing business as"
Kurotaki Bubble Tea House
Business Operating Since
2019
Confidentiality Agreement Required
Yes
98

Description

The popular "Kurotaki Bubble Tea House" is located in Yaletown, adjacent to offices, stores, and high-rise residences. With an investment of nearly $600000 in renovations, 1900 sft space is vibrant and lovely. From the lofty ceiling to the twinkling neon lights and uniquely designed table areas with cushioned chairs, the ambiance is spacious and comfortable with a total seating capacity of 50 or even more. Lease terms until 2028 PLUS 2 options to renew for 5 years each! Current Net Rent is about $7000 + GST. The restaurant has received very positive online reviews for its delightful menu featuring signature recipe chicken and bubble teas without franchise fees. Additionally, it offers a variety of cocktails, beers (including draft beer), liquors , hamburgers, waffles, and rice dishes & Beef noodles to provide customers with a diverse experience. Easy to operate with full training provided. Showings by appointment ONLY. Please contact realtor for more info.
MLS® Number C8064455

Listing REALTOR®

Lillian Liang, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Lillian Liang

REALTOR®, Personal Real Estate Corporation
604-726-5688

Unilife Realty Inc.

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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