$499,000

Commercial For Sale In Old Town, Toronto, Ontario

$499,000

Property Information:

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 * (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business

Courtesy of: Royal LePage Real Estate Services Ltd.

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