Unit # 108-109 - 8130 Sheppard Avenue E Toronto, Ontario M1B 3W3
$799,000
A rare chance to take over a sleek, modern restaurant space that's fully operational, no need to build from scratch. A one of the Best fine dine restaurant in the prime Scarborough area with excellent visibility and foot traffic. 3,312 sq. ft. of space designed by a professional interior decorator features a spacious dining area with ample seating, and an elegantly designed bar area, creating the perfect ambiance for a high-end dining experience. A modern fully equipped kitchen including a 30 ft hood, walk-in cooler and freezer, and high-end appliances. Generating over $1.1M in annual sales (last year), this is a proven, successful operation. Favorable lease terms with 2 + 5 + 5 years remaining and very low rent of ~$10,240 (including base rent, TMI, Garbage Bin & Water) + HST make this an exceptional opportunity for investors or owner-operators. There is also a great opportunity to convert this space into any other brand or dining concept, offering flexibility to suit your vision. (id:63203)
Business
| Business Type | Restaurant |
| Business Sub Type | Restaurant/pub |
| Name | Sankalp Restaurant -The Taste of India (Can be converted) |
Property Details
| MLS® Number | E13077728 |
| Property Type | Business |
| Community Name | Rouge E11 |
| Amenities Near By | Highway, Public Transit |
| Equipment Type | Water Heater, Washer(s) |
| Rental Equipment Type | Water Heater, Washer(s) |
Building
| Bathroom Total | 4 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Electric |
| Heating Type | Forced Air |
| Size Interior | 3,312 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Land Amenities | Highway, Public Transit |
| Size Irregular | 3312 |
| Size Total | 3312 Ac |
| Size Total Text | 3312 Ac |
| Zoning Description | Commercial |
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