Iconic Centre Town location now available as an asset sale with lease assumption at the corner of Bank Street and Somerset Street West. A turn-key, beautifully finished, contemporary interior fit up for a quick serve retail business. The space is 1,750 square feet situated directly on the North West corner of the intersection. The interior has high ceilings, two bathrooms, a kitchen prep area, service counter, bench and chair seating. This is a rare opportunity to acquire the lease rights to a prime retail corner space and grow your company. Benefit from high pedestrian and vehicular traffic in the urban core of Ottawa. The lease in place expires in June 2028 giving the next operator substantial long term security. The lease is triple net with a current base monthly rent of $6,000. The tenant pays building operating costs, HST and utilities in addition to the rent. (id:47423)
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Detailed Information
Listing Contract Date
2024-03-23
Maintenance Fee Type
Other, See Remarks
Property Type
Business
Transaction Type
For sale
Zoning Description
TM[440] H(19)
Business
Business Type
Restaurant
Business Subtype
Restaurant
Building
Land
Total Size
* ft X 0 ft
Size of Irregular Land
* ft X 0 ft
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