8130, Sheppard, Rouge E11, Toronto, Commercial

MLS® Number E13077728
For Sale   $ 799,000
  • 4 baths | 
  • 3312 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Commercial Sale Of Business For Sale.

A rare chance to take over a sleek, modern restaurant space that's fully operational, no need to build from scratch. A one of the Best fine dine restaurant in the prime Scarborough area with excellent visibility and foot traffic. 3,312 sq. ft. of space designed by a professional interior decorator features a spacious dining area with ample seating, and an elegantly designed bar area, creating the perfect ambiance for a high-end dining experience. A modern fully equipped kitchen including a 30 ft hood, walk-in cooler and freezer, and high-end appliances. Generating over $1.1M in annual sales (last year), this is a proven, successful operation. Favorable lease terms with 2 + 5 + 5 years remaining and very low rent of ~$10,240 (including base rent, TMI, Garbage Bin & Water) + HST make this an exceptional opportunity for investors or owner-operators. There is also a great opportunity to convert this space into any other brand or dining concept, offering flexibility to suit your vision.

Community Features: Major Highway, Public Transit

Cross Street: Morningside Ave. and Sheppard Ave. E

Business Name: Sankalp Restaurant -The Taste of India (Can be converted)

Key Facts

  • Days on: 3 days
  • Mls Status: New
  • Bathrooms Total Integer: 4
  • Lot Type: Unit
  • Garage Type: None
  • Heat Type: Electric Forced Air
  • Cooling: Yes
  • Building Area Total: 3312 Square Feet
  • Retail Area: 3312 Sq Ft

Location 8130, Sheppard, Rouge E11, Toronto

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Kate Naccarato
Sales Representative 416-779-6085