Great Location, , In The Heart Of Scarborough's Well Known Scarborough Village Mall With Busy Traffic. Adjacent To The Popular Skycity Shopping Centre. The Restaurant Has Been Operating Profitably For 13 Years. Ideal For New Buyer To Operate The Same Cuisine And Can Also Be Converted To Any Other Cuisines. All Chattels And Equipment Are Included. New Buyer To Assume The Existing Lease And May Negotiate Longer Lease With The Landlord.
Extras
Current Monthly Gross Rent $10,053.30 (Net Rent $7,261.50 + TMI: $2,792 ) + HST. The Lease Will Be Expired On March 31,2025. Qualified Buyer May Negotiate With The Landlord For Extending Another 5 Years Term. Tenant Pays All Utilities.
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
N
Retail Area
1,692 ft2
Total Area
1,692 ft2
Air Conditioning
Y
Basement
N
Chattels
Y
Garage Type
Plaza
Days Open
6
Hours Open
5-5
LLBO
N
Employees
5
Heat Type
Gas Forced Air Open
Financial Statement
N
Gross Income/Sales
$1,250,000
Net Income Before Debt
$150,000
Operating Expenses
$1,100,000
Year Expenses
$2,022
Expenses Actual/Estimated
Est
Area Influences
Public Transit
Seats
80
Utilities
Y
Water
Municipal
Lot/Bldg/Unit Code
Unit
Zoning
Commercial
Seller Property Info Statement
N
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