$499,000 FOR SALE

Business for Sale

Restaurant

Lot: 25.14 x 159.12 ftTotal Area: 3,770 ft2

45 King St W
Waterloo, ON N2G 1A1

Gorgeous licensed restaurant on King Street in downtown Kitchener. This turnkey beautiful restaurant is currently The Rich Uncle Tavern dating back to 2015 when it was completely renovated top to bottom. 3,770 sq ft with an impressive open concept chef's kitchen towards the rear of the unit. Excellent layout with high ceilings and an excellent atmosphere.This is a wonderful opportunity for operators looking for a 100+ seat restaurant for rebranding or conversion.

Extras
Great lease rate of $11,247 including TMI and all utilities with 5 + 5 + 5 years remaining. Licensed for 120 + 26 on the patio. Full chefs' kitchen with a 18 ft hood and 3 walk-ins. 1 parking space included. Please do not go direct.

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Listed By ROYAL LEPAGE SIGNATURE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8057910
Last Updated Mar 22, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Business/Building Name The Rich Uncle Tavern
Category Without Property
Legal Description LT 5 PL 381 KITCHENER; PT LT 4 PL 381 KITCHENER PT
Occupancy Tenant
Possession Date TBD
Directions/Cross Streets King St W & Queen St S
Area Waterloo
Price History
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Detailed Information
Freestanding N
Bathrooms 7
Lot 25.14 x 159.12 ft
Total Area 3,770 ft2
Elevator None
Air Conditioning Y
Basement Y
Chattels Y
Garage Type Outside/Surface
Parking Spaces 1
Amps 600
Volts 200
Days Open 4
Hours Open 4-9
LLBO Y
Employees 7
Heat Type Gas Forced Air Closd
Financial Statement N
Outside Storage N
Soil Test N
Seats 146
Sprinklers Y
Sewers San+Storm
Utilities A
Water Municipal
Crane N
Rail N
Survey N
Lot/Bldg/Unit Code Lot
Zoning Business Commercial
Seller Property Info Statement N

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