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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
SOTHEBY`S INTERNATIONAL REALTY CANADA |
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Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Halton |
Municipality: | Oakville |
Neighbourhood: | Old Oakville |
Lot Size: | 200.00 x 380.00(Feet) |
Tax: | $6,708 |