A gold mine high end Italian bakery that is seldom offered with very low rent $7,100 includes TMI, HST. It was a shell unit in the past, but the owner-operator spent more than $375K on upgrades. With these renovations the owner was able to transform the unit into an impressive and profitable bakery. Chattels, equipment's and fixtures, with a value of $260K, are fully paid off by the owner operator of the bakery. The bakery has an updated electrical panel, flooring, walls, equipment's, chattels, light fixtures, bright lights, commercial grade kitchen, exhaust hood and system & much more. After all the expensive renovations, the owner is selling this profitable bakery in 1 sale price which includes more than 10 businesses such as bakery products, catering, buffets, 30 to 50 seats in the bakery for dining in, breakfast, hot lunches, deli, dairy products (ice cream)& an LCBO bar/restaurant. Bakery can be changed to any restaurant Except Indian restaurant.
Extras
Commercial zoning permits wide range of uses as mentioned in client remarks shown above.Recently the Landlord Issued a new 5+5 Lease to tenants.The business is conveniently located with seamless access to major highways & areas of influence
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Bathrooms
3
Retail Area
55 percent
Industrial Area
45 percent
Total Area
2,540 ft2
Elevator
None
Air Conditioning
Y
Basement
N
Chattels
Y
Garage Type
Plaza
Days Open
7
Hours Open
8.6
LLBO
Y
Employees
9
Heat Type
Elec Forced Air
Financial Statement
N
Area Influences
Major Highway, Public Transit
Seats
50
Sprinklers
N
Sewers
San+Storm
Utilities
Y
Water
Municipal
Crane
N
Rail
N
Lot/Bldg/Unit Code
Unit
Zoning
E2-59
Seller Property Info Statement
N
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