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$1,650,000
Available - For Sale
Listing ID: X8019312
Investor's Attention, Excellent opportunity in Hamilton's centre, 7% Cap rate, Offer over 11000 sqf building with basement. This property is home to Galley Pump Tavern, a long established pub that has been in business for over 40 years with 22 rooms, lodging house for short term rentals. The restaurant is fully licensed, few years ago renovated kitchen, has capacity for 170 inside and patio for 30 additional people. This is a turnkey business where a committed owner could really take off. In addition to the business this listing is for the entire property as well which includes 21 rooms that are consistently booked. The property has over 30 parking spots on a high traffic spots on a high traffic street with great sign exposure please do not go direct.
Price $1,650,000
Taxes: $21,277
Tax Type: Annual
Occupancy by: Own+Ten
Address: 365 Wentworth St , Hamilton, L8L 5W4, Ontario
Postal Code: L8L 5W4
Province/State: Ontario
Legal Description: LTS 319, 320, 321, 322, 323 & 324, PL 20
Lot Size: 148.83 x 124 (Feet)
Directions/Cross Streets: Burlington St E To Wentworth N
Zoning: C2
Category: With Property
Use: Bar/Tavern/Pub
Building Percentage: Y
Total Area: 11,625
Total Area Code:  Sq Ft
Area Influences: Public Transit  
Approximatly Age: 51-99
Financial Statement: Y
Chattels: Y
Franchise: N
Hours Open: Mon-Sat
Employees #: 4
Seats: 170
LLBO: Y
Sprinklers: Y
Heat Type: Steam Radiators
Central Air Conditioning: Y
Water: Municipal
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REALTY NETWORK

365 Wentworth St , Hamilton, L8L 5W4, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Industrial Sector
Style:
Lot Size: 148.83 x 124.00(Feet)
Approximate Age: 51-99
Tax: $21,277
Maintenance Fee: $0
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