Turnkey restaurant setup and asset sale opportunity in a growing Ottawa location. Ideal for an experienced operator, new restaurant concept, franchise, or food business. The kitchen was renovated in 2021 and features a full-size commercial hood, walk-in refrigerator, and walk-in freezer located in the basement. The premises are liquor licensed and offer patio seating, with approximately 24 interior seats.The finished basement provides additional space currently utilized for kitchen preparation. The front of the premises may be customized by the new operator to suit their restaurant concept, subject to landlord and applicable approvals. Kitchen equipment and furnishings are included in the asset sale. Competitive rent with continued residential and commercial development in the surrounding area. Other cuisines/concepts may be possible, subject to landlord and applicable approvals.BUILDING IS NOT FOR SALE - ASSET SALE ONLY. Buyer to conduct their own due diligence regarding permitted use, licences, approvals, lease terms, equipment, and intended business operations. (id:28469)
Virtual tour
Business
Business Type
Restaurant
Business Sub Type
Restaurant/pub
Facts & features
Property
MLS® Number
X13705082
Property Type
Business
Neighbourhood
Laurentian View
Community Name
5003 - Westboro/Hampton Park
Amenities Near By
Highway, Public Transit
Building
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Utility Water
Municipal Water
Parking
Other
—
Land
Acreage
No
Land Amenities
Highway, Public Transit
Size Depth
99 Ft
Size Frontage
49 Ft
Size Irregular
Unit=49 X 99 Ft
Size Total Text
Unit=49 X 99 Ft
Zoning Description
Am10
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$881/mo
Ontario land transfer tax
$1,715 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $1,715 back on land transfer tax.