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• 999 Upper Wentworth St #F104, Hamilton, ON L9A 4X5

$249,777 ^{FOR SALE}

Commercial/Retail

Total Area: 524 ft²
2023 Taxes: $1,003.52

999 Upper Wentworth St #F104
Hamilton, ON L9A 4X5 | Thorner

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Fantastic Opportunity for Franchised Mediterranean Restaurant with prime location Location offers great opportunity inside the food court of Lime ridge mall, Hamilton's busiest mall. Stable with easy operation, ideal for first-time buyers. Training : Provided by Head office. Foot Traffic: High due to busting mall environment, ensuring a steady flow of potential customers. Financial Terms: low rent and a long term lease provide stability & favorable terms for potential buyers. Cost: Labour cost Approx.21%, Food cost 34%, Utilities approx. $350(for Gas) Other utilities included in the Rent, Royalty & Adverting6%+3% Rent - $12812 per month including TMI Lease Term - 4 years + 5 years option to renew. This opportunity offers a lucrative chance for business growth and profitability in a prime location.

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Listed By	IPRO REALTY LTD.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X9253116
Last Updated	Aug 13, 2024

Property Summary

Property Type	Commercial/Retail More like this: Hamilton Commercial/Retail for Sale
Use	Hospitality/Food Related
Business/Building Name	VILLA MADINA MEDITERRIAN CUISINE Lime Ridge Mall
Category	Retail
Occupancy	Tenant
Possession Date	Flexible
Taxes (2023)	$1,003.52
Tax Type	T.M.I.
Directions/Cross Streets	Upper Wenworth and Mohawk Rd
Neighbourhood	Thorner
Area	Hamilton

Price History

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Detailed Information

Freestanding	N
Retail Area	346 ft2
Total Area	524 ft2
Air Conditioning	Y
Chattels	Y
Garage Type	None
Days Open	7
Hours Open	M-F 10-
LLBO	N
Employees	3
Heat Type	Elec Forced Air
Financial Statement	Y
Gross Income/Sales	$710,000
Year Expenses	$2,024
Expenses Actual/Estimated	Act
Estimated Inventory Values At Cost	$20,000
Area Influences	Major Highway, Public Transit
Seats	25
Sprinklers	N
Utilities	Y
Water	Municipal
Lot/Bldg/Unit Code	Unit
Zoning	C4
Seller Property Info Statement	N

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