$499,000
Available - For Sale
Listing ID: C8484532
466 Adelaide St East , Toronto, M5A 4L6, Ontario
| 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 |
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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. |
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Sachi Patel
Broker
Dir:
647-702-7117
Bus:
6477027117
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Moss Park |
| Tax: | $4,728 |
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