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Deepak Sharma

Broker
Remax Royal Properties Realty Brokerage, Brokerage Independently owned and operated. 7595 Markham Rd #19 , Markham, Ontario L3S0B6 Cell: 647-229-0670Office: 905-554-0101

$449,900
Available - For Sale
Listing ID: W9231753
579 Kerr St , Unit 13, Oakville, L6K 3E1, Ontario


Excellent Opportunity to own this well established turnkey restaurant in Kerr Village licensed for 75 seats and an outdoor patio with seating for 41 patrons.This free standing building offers ample parking within this strip plaza and located in close proximity to a dense residential neighbourhood and high traffic area with additional development proposed/scheduled in the near future. Fully Licensed LLBO, Bar and fully equipped kitchen including a wood burning pizza oven. Best utilized has the current biz and not a franchise. Could also be converted to any other type of restaurant, no restrictions. Open 7 Days A week
Extras:   Very attractive 5 year Lease negotiated this year with a 5 yr renewal option. Current rent is Approx. $5608.00 /including TMI & HST
Price $449,900
Taxes: $6708.00
Tax Type: Annual
Assessment Year: 2023
Occupancy by: Tenant
Address: 579 Kerr St , Unit 13, Oakville, L6K 3E1, Ontario
Apt/Unit: 13
Postal Code: L6K 3E1
Province/State: Ontario
Lot Size: 200.00 x 380.00 (Feet)
Directions/Cross Streets: Speers Rd/Kerr St
Category: Without Property
Use: Restaurant
Building Percentage: Y
Total Area: 1500.00
Total Area Code:  Sq Ft
Retail Area: 1500
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 11-9 pm
Employees #: 8
Seats: 75
LLBO: Y
Sprinklers: N
Outside Storage: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Water: Municipal
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Deepak Sharma
Broker
Dir:
647-229-0670
Bus:
905-554-0101
 
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At a Glance:
Type: Com - Sale Of Business
Area: Halton
Municipality: Oakville
Neighbourhood: Old Oakville
Style:
Lot Size: 200.00 x 380.00(Feet)
Approximate Age:
Tax: $6,708
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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