Added 1 month 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®#: W11900722
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Days on Site: 10 Days
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Added: Dec 23, 2024 (1 month ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
A rarely offered fully fixtured Milton restaurant conversion is available for new ownership in the heart of Milton located at the bustling intersection at Ontario St & Main St. Steps from Milton's charming downtown in a plaza with ample parking for your dining guests. This 3200 square foot restaurant comes with everything you need to get your brand up and running. Wood burning pizza ovens, rational oven, exhaust hood, pylon signage, walk-in coolers, a grand entrance, large liquor license capacity of 140 and so much more. Please do not go direct or speak to staff. Your discretion is appreciated.
Extras
* Net Rent = $9,742.42 * TMI = $2,965.08 * Gross Rent = $14,359.48 Including TMI & HST * Lease Expires April 2032 + 2 X 5 Year Renewal Options * 3200 Sq Ft * LLBO = 140 * Includes Two Sub-Tenants Which Must Be Assumed *
Property
Status: Sale
Type: Restaurant
Property Type: Sale Of Business
Property Type: Without Property
Area: Milton
Community: 1035 - OM Old Milton
Availability Date: TBD
Inside
Air Conditioning: Y
Building
Basement: N
Heat Type: Gas Forced Air Closd
Water Supply: Municipal
Parking
Garage Type: Plaza
Fees
Tax Year: 2024
Taxes Type: T.M.I.
Land
Cross Street: Ontario St & Main St
Municipality District: Milton
Zoning: COMMERCIAL
Commercial Specific
Retail Area: 80
Retail Area Metric: Sq Ft
Total Area: 3200
Total Area Metric: Sq Ft
Hours Open: 11am-2a
Days Open: 7
Franchise: N
Tangible Property Included: Y
Lot Code: Unit
Seats: 140
Financial Statement: N
LLBO: Y
E C Drury/Trillium Demonstration School
Elementary: ProvincialErnest C Drury School for the Deaf
Elementary: ProvincialJ M Denyes Public School
Elementary: PublicHoly Rosary Separate School
Elementary: CatholicÉÉC Saint-Nicolas
Elementary: CatholicRobert Baldwin Public School
Elementary: PublicE C Drury/Trillium Demonstration School
Secondary: ProvincialErnest C Drury School for the Deaf
Secondary: ProvincialGary Allan High School - Milton
Secondary: PublicMilton District High School
Secondary: PublicJean Vanier Catholic Secondary School
Secondary: CatholicBishop Paul Francis Reding Secondary School
Secondary: Catholic