$1,650,000 FOR SALE

Business for Sale

Bar/Tavern/Pub

Lot: 148.83 x 124 ftTotal Area: 11,625 ft2
2023 Taxes: $21,277

365 Wentworth St
Hamilton, ON L8L 5W4 | Industrial Sector

Investor's Attention, Excellent opportunity in Hamilton's centre, 7% Cap rate, Offer over 11000 sqf building with basement. This property is home to Galley Pump Tavern, a long established pub that has been in business for over 40 years with 22 rooms, lodging house for short term rentals. The restaurant is fully licensed, few years ago renovated kitchen, has capacity for 170 inside and patio for 30 additional people. This is a turnkey business where a committed owner could really take off. In addition to the business this listing is for the entire property as well which includes 21 rooms that are consistently booked. The property has over 30 parking spots on a high traffic spots on a high traffic street with great sign exposure please do not go direct.

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Listed By REALTY NETWORK
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8019312
Last Updated Feb 26, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Bar/Tavern/Pub
Franchise Non-Franchise
Category With Property
PIN 171880195
Legal Description LTS 319, 320, 321, 322, 323 & 324, PL 209;
Occupancy Own+Ten
Possession Date Flexible
Taxes (2023) $21,277
Tax Type Annual
Directions/Cross Streets Burlington St E To Wentworth N
Neighbourhood Industrial Sector
Area Hamilton
Price History
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Detailed Information
Freestanding Y
Lot 148.83 x 124 ft
Total Area 11,625 ft2
Approximate Age 51-99
Air Conditioning Y
Basement Y
Chattels Y
Garage Type Public
Parking Spaces 33
Hours Open Mon-Sat
LLBO Y
Employees 4
Heat Type Steam Radiators
Financial Statement Y
Area Influences Public Transit
Seats 170
Sprinklers Y
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning C2
Seller Property Info Statement N

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