$325,000
Available - For Sale
Listing ID: X11924832
32 Arthur Stre South , Woolwich, N3B 2M7, Waterloo
| Welcome to an exceptional restaurant opportunity in downtown Elmira. This fully renovated restaurant, features two spacious dining rooms and a bar on the main floor. The main floor also includes a fully equipped kitchen, perfect for a seamless operation and a transferable liquor license capacity of 88 with an excellent rental rate of $6000.00 Net + TMI and a 5 year lease with 5 year option to renew. The second floor boasts a versatile banquet hall, ideal for hosting events. The basement provides ample cold storage and additional prep space. Includes two private parking spaces, plus convenient city parking at the rear and on the street. The restaurant already boasts strong sales so don't miss out on owning a turnkey establishment in downtown Elmira. Please do not go direct or speak to staff. Your discretion is appreciated. **EXTRAS** * Net Rent = $6000.00 * TMI = $1,500.00 * 2 Floors * 2,447 Sq Ft Main * 2,447 Sq Ft Upper * LLBO = 88 * 2 Parking Spots * Full Basement * Full Kitchen With Exhaust Hood * |
| Price | $325,000 |
| Taxes: | $0.00 |
| Tax Type: | TMI |
| Occupancy: | Owner |
| Address: | 32 Arthur Stre South , Woolwich, N3B 2M7, Waterloo |
| Postal Code: | N3B 2M7 |
| Province/State: | Waterloo |
| Lot Size: | 35.00 x 101.00 (Feet) |
| Directions/Cross Streets: | Arthur St S & Church St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | F |
| Total Area: | 4894.00 |
| Total Area Code: | Square Feet |
| Retail Area: | 75 |
| Retail Area Code: | % |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 11am-10 |
| Employees #: | 10 |
| Seats: | 88 |
| LLBO: | Y |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Waterloo |
| Municipality: | Woolwich |
| Neighbourhood: | Dufferin Grove |
| Lot Size: | 35.00 x 101.00(Feet) |
| Fireplace: | N |
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