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1161 Queen Street E Toronto, Ontario M4M 1L3

2 Bathroom 1000 sqft
Fully Air Conditioned Other

$199,000

We are pleased to welcome you to an incredible and exquisite corner unit restaurant opportunity in the desirable Leslieville community, surrounded by residential, heavy foot traffic, notable restaurant brands, and thriving businesses. This 1000 sq ft space was fully built out from scratch, offers high visibility and is well equipped to service your restaurant needs including but not limited to a 16 foot exhaust hood, tandoori oven, fryers, grill, 8 burner stove, shawarma machine, fridges, freezers and more. The tastefully designed restaurant includes a transferable liquor license for 28 people and plenty of patio seating for exceptional outdoor dining experience. Possibly, the most intriguing element to this opportunity is the well below market rent of $3000.00 including TMI. With minimal annual increases and 8.5 years remaining on the Lease, these incredibly low lease rates will allow you to maximize your earnings by minimizing your fixed costs. A true business owner's dream. **** EXTRAS **** * Gross Rent = $3000.00 + HST * 3.5 Years Remaining * 5 Year Renewal Option * LLBO = 28 * 16 FootExhaust Hood * Perfect Quick Service Setup * Ideal For Many Cuisines * (id:27910)

Business

Business Type Restaurant
Business Sub Type Restaurant/pub

Property Details

MLS® Number E8441070
Property Type Business
Community Name South Riverdale

Building

Bathroom Total 2
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Other
Size Exterior 1000 Sqft
Size Interior 1000 Sqft
Utility Water Municipal Water

Land

Acreage No