240 Leighland Avenue, Oakville | Image 1

240 Leighland Avenue

Oakville, 1003 - CP College Park

  • Commercial

$649,000
For Sale

Added 2 days ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: COMMERCIAL

  • Age: No Data

  • MLS®#: W11895747

  • Days on Site: 2 Days

  • Added: Dec 16, 2024 (2 days ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

An exceptional restaurant conversion opportunity awaits with this stunning, high-end Italian restaurant in the vibrant heart of Oakville. Boasting a state-of-the-art buildout completed in 2022 at an impressive $1.3M investment, this space emits elegance and functionality.The restaurant offers a spacious and versatile layout, featuring distinguished booths, a charming patio, and private dining rooms perfect for hosting everything from intimate gatherings to grand celebrations. It also includes a large, transferrable liquor license for 104 patrons, along with all chattels and equipment as part of the sale. Situated just north of the QEW within the prestigious Oakville Place Mall, this prime location ensures excellent visibility and accessibility for both locals and visitors. Ample mall parking adds to the convenience, making it an ideal spot for a thriving dining establishment. Trade name is not included. Dishwasher & Glass Washer are rentals and must be assumed by the Buyer. Please do not go direct or speak to staff. Your discretion is appreciated.

Extras

* Net Rent = $6,461.78 * TMI = $4,215.14 * Gross Rent = $12,064.93 Including TMI & HST * Lease Expires April 2037 + 2 X 5 Year Renewal Options * 2345 Sq Ft * LLBO = 104 (60 Inside + 44 Patio) *

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Oakville

  • Community: 1003 - CP College Park

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2024

  • Taxes Type: T.M.I.

Land

  • Cross Street: TRAFALGAR & LEIGHLAN

  • Municipality District: Oakville

  • Zoning: COMMERCIAL

Commercial Specific

  • Number of Employees: 10

  • Retail Area: 100

  • Retail Area Metric: Sq Ft

  • Total Area: 2345

  • Total Area Metric: Sq Ft

  • Hours Open: 11am-2a

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 104

  • Financial Statement: N

  • LLBO: Y

Map of 240 Leighland Avenue, Oakville
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