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$339,000
Available - For Sale
Listing ID: X9364266
King of Kingston & one of the busiest, largest patios on Princess St! Bring your entrepreneurial spirit to this well established and well reviewed corner location in the absolute heart of downtown Kingston! Nearly 2,500 sq ft with roll up garage-style windows opening it up completely and full of student traffic. Includes 4 dedicated parking spots for management/staff/delivery. ONLY BEING SOLD AS A WORKS FRANCHISE LOCATION AND CAN'T BE CONVERTED.
Extras:   LLBO of 114 + patio. Current lease expiry July 2031 + 2 x 5 yr renewals (to 2041). Net rent $4,678.58 + TMI/CAM $2,2504.
Price $339,000
Taxes: $0
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 298 Princess St , Kingston, K7L 1B5, Ontario
Postal Code: K7L 1B5
Province/State: Ontario
Directions/Cross Streets: Clergy St E
Zoning: Commercial
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 2,441
Total Area Code:  Sq Ft
Retail Area: 2441
Retail Area Code: Sq Ft
Area Influences: Public Transit   Rec Centre
Business/Building Name: The WORKS Craft Burgers & Beer
Financial Statement: Y
Chattels: Y
Franchise: Y
Days Open: 7
Hours Open: 11:30-9
Employees #: 8
Seats: 114
LLBO: Y
Sprinklers: Y
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Monthly P&I $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ULTIMATE REALTY INC.

298 Princess St , Kingston, K7L 1B5, Ontario


 
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Type: Com - Sale Of Business
Area: Frontenac
Municipality: Kingston
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