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$299,000
Available - For Sale
Listing ID: C10433625
Turnkey quick service restaurant (QSR). This is a prime corner location on Avenue Road, just a few blocks from major Lawrence intersection. The property boasts a full commercial kitchen with large grill,double fryers, two shawarma spits and a Rational oven. There are also 2 walk-in fridges, a 13 foot hood,3 washrooms, 1 parking spot and a high and dry basement. Double front door with vestibule, vital for heat retention during the winter months. Clean and bright dining room with wraparound floor to ceiling windows and plenty of booth seating. Currently a prominent fresh casual QSR concept for a qualified buyer to take over, or potential for rebranding.
Extras:   $8,849 gross and 6 + 5 remaining on lease term. 1,700 sq ft and licensed for 30 people. Royalties of 6%and 1%, or available for rebranding to different concept, cuisine or franchise.
Price $299,000
Taxes: $0
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 1560 Avenue Rd , Unit 7, Toronto, M5M 3X5, Ontario
Apt/Unit: 7
Postal Code: M5M 3X5
Province/State: Ontario
Legal Description: PT LT 988 PL 1537 TWP OF YORK AS IN TB66
Lot Size: 28.79 x 104 (Feet)
Directions/Cross Streets: Avenue Road + Lawrence Avenue
Zoning: Business Commerc
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 1,700
Total Area Code:  Sq Ft
Retail Area: 1700
Retail Area Code: Sq Ft
Business/Building Name: Me Va Me
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 11-9
Employees #: 9
Seats: 30
LLBO: Y
Sprinklers: N
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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ROYAL LEPAGE SIGNATURE REALTY

1560 Avenue Rd , Unit 7, Toronto, M5M 3X5, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Lawrence Park South
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Lot Size: 28.79 x 104.00(Feet)
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Maintenance Fee: $0
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Baths: 3
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