$749,000

Commercial For Sale In Cricket Club, Toronto, Ontario

$749,000

Property Information:

Profitable and high performing restaurant on Avenue Road in North York available! Old Avenue Restaurant specializes in southern Caucasus cuisine and it has been a big hit since opening in 2022. The sales are impressive and the profit margins are even better. Full training to be provided to a qualified buyer.1,700 sq ft layout that is easy to staff and manage for a owner, and this business is run hands-off meaning that the owner does not work there. Please do not go direct or speak to staff or ownership.

Great lease rate of $7,230 Gross Rent including TMI with 3 + 5 + 5 years remaining. Liquor license capacity of 28 inside and 12 on the covered patio with bring your own wine. 1 walk-in fridge and a 9 ft commercial hood in the kitchen.

Building Features:

  • Style: Business
  • Basement: Yes
  • Elevator: None
  • Garage Type: Outside/Surface
  • Parking: Yes
  • Heat Type: Gas Forced Air Closd

Property Features:

  • Bathrooms: 3
  • Annual Tax Amount: $0
  • Air Conditioning: Central Air
  • Floor Space (approx): 1700 Square Feet
  • Lot Depth: 125.16 Feet
  • Lot Frontage: 20.21 Feet
  • Occupancy: Tenant
  • Sewers: San+Storm
  • Survey: No
  • Utilities: Available
  • Water: Municipal

Courtesy of: Royal LePage Signature Realty

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved