505 Princess Street, Kingston | Image 1

505 Princess Street

Kingston

  • Commercial

$399,000
For Sale

Added 3 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Fast Food/Take Out

  • Zoning: Business Comerci

  • Age: No Data

  • MLS®#: X9369556

  • Days on Site: 103 Days

  • Added: Sep 26, 2024 (3 months ago)

  • Updated:

  • Last Checked: 7 hours ago

  • Listed By: ROYAL LEPAGE SIGNATURE REALTY

Big Smoke Burger franchise in downtown Kingston Ontario on Princess Street. This is a premium build out and a completely renovated quick service restaurant (QSR) with brand new hood, ventilation, leaseholds,and systems with all new equipment. This location features the brand new look and colours of the franchise and is turnkey ready for a hands-on operator. Full training and support provided by head office pending franchisee/buyer approval. Please do not go direct or speak to staff.

Extras

Lease rate of $4,336 Gross Rent including TMI with a long 10 + 5 + 5 year term. Royalties of 6% + 3%. 1parking space for ownership included. 1,382 sq ft layout with long QSR counter and seating for 30.Growing sales in a great location.

Property

  • Status: Sale

  • Type: Fast Food/Take Out

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Kingston

  • Availability Date: TBD

Inside

  • Bathrooms: 2

  • Air Conditioning: Y

  • Washrooms: 2

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

  • Volts: 200

  • Amps: 600

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 1

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 24 BLK Z CON 1 KINGSTON PT 1 13R4703; KINGST

  • Taxes Type: T.M.I.

Land

  • Cross Street: Princess and Divisio

  • Municipality District: Kingston

  • Sewer: San+Storm

  • Lot Depth: 86.16 Feet

  • Lot Frontage: 50 Feet

  • Zoning: Business Comerci

Commercial Specific

  • Number of Employees: 5

  • Rail: N

  • Retail Area: 1382

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 1382

  • Total Area Metric: Sq Ft

  • Hours Open: 11-12

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Days Open: 7

  • Franchise: Y

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Seats: 30

  • Soil Test: N

  • Business/Building Name: Big Smoke Burger

  • Financial Statement: N

  • LLBO: N

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