720, Spadina, University, Toronto, Commercial

MLS® Number C12907188
For Sale   $ 359,000
  • 3890 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Commercial Sale Of Business For Sale.

Amazing opportunity to own an established and fully-renovated shisha & entertainment lounge with a full commercial kitchen. Prime location facing Spadina, with a 17-storey condo building above. Strategically located across from U of T, and steps to the Spadina Subway station. Could be converted to a banquet hall, restaurant & bar, billiards, etc. Full kitchen with exhaust hood, grill, fryers, walk-in freezer, walk-in coolers, prep tables, etc. Long lease 7.5 years + 5 years option to renew. 110 seats + 80 seat patio. Used to have L.L.B.O. - possible to obtain the license again. Don't miss this one! Value priced to sell - Equipment & set-up worth the price!

Cross Street: Bloor/Spadina

Business Name: Royal Lounge

Key Facts

  • Days on: 4 days
  • Mls Status: New
  • Lot Type: Unit
  • Garage Type: Pay
  • Heat Type: Gas Forced Air Closed
  • Cooling: Yes
  • Building Area Total: 3890 Square Feet
  • Retail Area: 3890 Sq Ft

Location 720, Spadina, University, Toronto

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Kate Naccarato
Sales Representative 416-779-6085