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$250,000
Status: For Sale
This fully licensed and equipped ''Lamasu Lounge and grill'' restaurant is located in a busy plaza with ample parking at a high-traffic intersection, surrounded by commercial and residential areas. The restaurant has been completely updated and renovated, making it a turnkey operation with steady sales growth and significant potential for further expansion. While currently operating as a lounge and grill restaurant, the space can be converted to various other uses, subject to existing exclusivities. It includes a transferable liquor license for up to 28 patrons and is suitable for breakfast, lunch, parties, and catering. The lease terms are approximately $3,790.84 per month, including TMI and HST, and is valid until 2027, with all deals subject to landlord consent and approval. All chattels and equipment are included, with a list provided upon an accepted offer. This business is perfect for families and newcomers seeking a thriving restaurant with solid growth potential. Don't miss this exceptional opportunity!
| Property Type | :Commercial |
|---|---|
| MLS Number | :N8453410 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :04 Sep, 2024 (74 Days ago) |
| Source | :TRREB |
| Area | :York |
|---|---|
| Community | : Pine Valley Business Park |
| Postal Code | :
L4L 5X9
|
| Price | : $250,000 |
|---|---|
| Property Taxes | :$6793.91 |
| Tax Year | :2023 |
|---|
| Cross Street | :Marycroft and Highway 7 |
|---|
18 Jun, 2024
TREB #N8453410
Available
$250000.0
