Rare Opportunity! First time on the market in 30 years, this well-known bar & restaurant at 2459 Kingston Rd, Scarborough, is on the market as the current owner retires after three decades of proud ownership. Located in a busy plaza with plenty of parking, surrounded by apartments and a residential neighborhood, and in a high-traffic area, this spot is perfectly positioned for steady business. The restaurant comes fully equipped with a 10 ft hood, two walk-in coolers, and an LLBO license for 80 seats inside, 10 on the patio, and 45 in the basement with pool tables. Rent is $8,649/month (TMI & HST included), with the current lease until December 2026; a new lease will need to be arranged with the landlord. A rare chance to take over a thriving, well-established business with guaranteed income from regulars! (id:4069)
Address
2459 KINGSTON ROAD
List Price
$299,000
Property Type
Business
Type of Dwelling
Business
Transaction Type
Sale
Area
Ontario
Sub-Area
Toronto (birchcliffe Cliffside)
Floor Area
2,000 Sq. Ft.
MLS® Number
E12992298
Listing Brokerage
REON HOMES REALTY INC.
Postal Code
M1N1V4
Zoning
Commercial
