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$ 149,900
Est. payment | /mo
1,500 SqFt
$ 149,900
Est. payment | /mo
1,500 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $99
Subdivision Sarnia
MLS Listing ID X11976879
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
This well-established restaurant has been serving the community for nearly a decade and enjoys an excellent reputation. Situated in a highly desirable area with ample parking, it offers great accessibility for customers. The lease is secured until February 28, 2026, with the landlord open to extensions.Financially appealing, the current base rent is $1,562.50 per month ($12.50/sq ft), with additional rent including TMI and snow removalat $13.60/sq ft (2023 figures). The restaurant generates strong weekly sales of $7,000$8,000.The asking price includes all leasehold improvements and appliances (detailed list attached). Please note that the seller will be retaining the restaurants name. Dont miss this fantastic opportunity to take over a thriving business in a top-tier location!
Location
Province ON
County Lambton
Community Sarnia
Area Lambton
Zoning COMMERCIAL
Interior
Cooling Yes
Inclusions AS PER DOCUMENT ATTACHED.
Exterior
Community Features Public Transit
Utilities Available Available
Listed by COLDWELL BANKER SOUTHWEST REALTY
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