Added 5 days ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Restaurant
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Zoning: Commercial
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Age: No Data
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MLS®#: X11916986
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Days on Site: 1 Days
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Added: Jan 09, 2025 (5 days ago)
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Updated:
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Last Checked: 5 hours ago
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Listed By: RE/MAX ULTIMATE REALTY INC.
King of Kingston & one of the busiest, largest patios on Princess St! Bring your entrepreneurial spirit to this well established and well reviewed corner location in the absolute heart of downtown Kingston! Nearly 2,500 sqft with roll up garage-style windows opening it up completely and full of student traffic. Includes 4 dedicated parking spots for management/staff/delivery. ONLY BEING SOLD AS A WORKS FRANCHISE LOCATION AND CAN'T BE CONVERTED.
Extras
LLBO of 114 + patio. Current lease expiry July 2031 + 2x 5yr renewals (to 2041). Net rent $4,678.58 +TMI/CAM $2,2504.
Property
Status: Sale
Type: Restaurant
Property Type: Sale Of Business
Property Type: Without Property
Area: Kingston
Availability Date: TBA
Inside
Bathrooms: 4
Air Conditioning: Y
Washrooms: 4
Utilities
Utilities: Available
Building
Basement: Y
Heat Type: Gas Forced Air Closd
Elevator: None
Energy Certificate: N
Green Verification Status: N
Freestanding: N
Outside Storage: N
Water Supply: Municipal
Parking
Garage Type: Reserved/Assignd
Covered Parking Spaces: 4
Fees
Tax Year: 2024
Taxes Type: T.M.I.
Land
Cross Street: Clergy St E
Municipality District: Kingston
Sewer: San+Storm
Zoning: Commercial
Commercial Specific
Number of Employees: 8
Rail: N
Retail Area: 2441
Retail Area Metric: Sq Ft
Sprinklers: Y
Total Area: 2441
Total Area Metric: Sq Ft
Hours Open: 11:30-9
Area Influence: Public Transit
Area Influence: Rec Centre
Days Open: 7
Franchise: Y
Tangible Property Included: Y
Crane: N
Lot Code: Building
Survey: N
Seats: 114
Soil Test: N
Business/Building Name: The WORKS Craft Burgers & Beer
Financial Statement: Y
LLBO: Y
St Patrick Catholic School
Elementary: CatholicSydenham Public School
Elementary: PublicCentral Public School
Elementary: PublicModule Vanier
Elementary: PublicWinston Churchill Public School
Elementary: PublicCathedrale Catholic School
Elementary: CatholicLimestone School of Community Education
Secondary: PublicFrontenac Learning Centre
Secondary: PublicLoyalist Collegiate and Vocational Institute
Secondary: PublicLa Salle Secondary School
Secondary: PublicKingston Collegiate and Vocational Institute
Secondary: PublicRegiopolis/Notre-Dame Catholic High School
Secondary: Catholic
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05-223 Princess Street, Kingston, Ontario • K7L 1B3 • East of Sir John A. Blvd
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06-223 Princess Street, Kingston, Ontario • K7L 1B3 • East of Sir John A. Blvd