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$499,000
Available - For Sale
Listing ID: X8057910
Gorgeous licensed restaurant on King Street in downtown Kitchener. This turnkey beautiful restaurant is currently The Rich Uncle Tavern dating back to 2015 when it was completely renovated top to bottom. 3,770 sq ft with an impressive open concept chef's kitchen towards the rear of the unit. Excellent layout with high ceilings and an excellent atmosphere.This is a wonderful opportunity for operators looking for a 100+ seat restaurant for rebranding or conversion.
Extras:   Great lease rate of $11,247 including TMI and all utilities with 5 + 5 + 5 years remaining. Licensed for 120 + 26 on the patio. Full chefs' kitchen with a 18 ft hood and 3 walk-ins. 1 parking space included. Please do not go direct.
Price $499,000
Taxes: $0
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 45 King St West , Waterloo, N2G 1A1, Ontario
Postal Code: N2G 1A1
Province/State: Ontario
Legal Description: LT 5 PL 381 KITCHENER; PT LT 4 PL 381 KI
Lot Size: 25.14 x 159.12 (Feet)
Directions/Cross Streets: King St W & Queen St S
Zoning: Business Commerc
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 3,770
Total Area Code:  Sq Ft
Business/Building Name: The Rich Uncle Tavern
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 4
Hours Open: 4-9
Employees #: 7
Seats: 146
LLBO: Y
Sprinklers: Y
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Volts: 200
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

45 King St West , Waterloo, N2G 1A1, Ontario


 
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Type: Com - Sale Of Business
Area: Waterloo
Municipality: Waterloo
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Lot Size: 25.14 x 159.12(Feet)
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Baths: 7
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