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$499,000
Available - For Sale
Listing ID: C8484532
We're excited to introduce to you an exquisite and finely designed 4700 square foot and 120 seat restaurant located on Toronto's Adelaide St. This fully licensed restaurant offers up a fantastic conversion opportunity for many suitable cuisines. Equipped with wood burning pizza oven, Nella Forni deck ovens, large exhaust hood, flat top, fryers, grills, 6 burner stove, fridges, freezers and more. Located in the revitalized Moss Park community, surrounded by condos and new developments, a short stroll from St. Lawrence Market, Distillery District, Toronto's Waterfront, Sugar Beach, Scotiabank Arena and much more. This restaurant is available for a new owner and the Landlord is looking for qualified operators. A brand new lease will be provided. All chattels & equipment will be included in the sale.
Extras:   * Net Rent = $19,700.00 * TMI = $4,728.00 * Gross Rent = $24,428.00 + HST * 5 Year Lease + 5 Year Option To Renew * 4300 Square Feet * LLBO = 120 * Large Patio * Newly Built With All Chattels & Fixtures Included In Sale *
Price $499,000
Taxes: $4,728
Tax Type: T.M.I.
Occupancy by: Owner
Address: 466 Adelaide St East , Toronto, M5A 4L6, Ontario
Postal Code: M5A 4L6
Province/State: Ontario
Directions/Cross Streets: Adelaide St E & Sherbourne St
Zoning: Commercial
Category: Without Property
Use: Restaurant
Total Area: 4,300
Total Area Code:  Sq Ft
Retail Area: 100
Retail Area Code: %
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 11am-2a
Employees #: 0
Seats: 120
LLBO: Y
Sprinklers: Y
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

466 Adelaide St East , Toronto, M5A 4L6, Ontario


 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Moss Park
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Tax: $4,728
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