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: | $4728.00 |
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 |
Category: | Without Property |
Use: | Restaurant |
Total Area: | 4300.00 |
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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
|
Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Toronto |
Municipality: | Toronto |
Neighbourhood: | Moss Park |
Tax: | $4,728 |