$649,000 FOR SALE

Business for Sale

Restaurant/Pub

240 Leighland Avenue
Oakville (1003 - CP College Park), ON L6H 3H6

An exceptional restaurant conversion opportunity awaits with this stunning, high-end Italian restaurant in the vibrant heart of Oakville. Boasting a state-of-the-art buildout completed in 2022 at an impressive $1.3M investment, this space emits elegance and functionality.The restaurant offers a spacious and versatile layout, featuring distinguished booths, a charming patio, and private dining rooms perfect for hosting everything from intimate gatherings to grand celebrations. It also includes a large, transferrable liquor license for 104 patrons, along with all chattels and equipment as part of the sale. Situated just north of the QEW within the prestigious Oakville Place Mall, this prime location ensures excellent visibility and accessibility for both locals and visitors. Ample mall parking adds to the convenience, making it an ideal spot for a thriving dining establishment. Trade name is not included. Dishwasher & Glass Washer are rentals and must be assumed by the Buyer. Please do not go direct or speak to staff. Your discretion is appreciated. **** EXTRAS **** * Net Rent = $6,461.78 * TMI = $4,215.14 * Gross Rent = $12,064.93 Including TMI & HST * Lease Expires April 2037 + 2 X 5 Year Renewal Options * 2345 Sq Ft * LLBO = 104 (60 Inside + 44 Patio) * (id:47423)

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Listed By ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W11895747
Last Updated Dec 20, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant/Pub
Franchise Non-Franchise
Community 1003 - CP College Park
Price History
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Detailed Information
Listing Contract Date 2024-12-16
Location Description TRAFALGAR & LEIGHLAND
Property Type Business
Transaction Type For sale
Zoning Description COMMERCIAL
Business
Business Type Restaurant
Business Subtype Restaurant/pub
Building
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Forced air
Utility Water Municipal water

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