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: Business Commerc
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Age: No Data
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MLS®#: C10433625
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Days on Site: 3 Days
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Added: Nov 18, 2024 (1 month ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: ROYAL LEPAGE SIGNATURE REALTY
Turnkey quick service restaurant (QSR). This is a prime corner location on Avenue Road, just a few blocks from major Lawrence intersection. The property boasts a full commercial kitchen with large grill,double fryers, two shawarma spits and a Rational oven. There are also 2 walk-in fridges, a 13 foot hood,3 washrooms, 1 parking spot and a high and dry basement. Double front door with vestibule, vital for heat retention during the winter months. Clean and bright dining room with wraparound floor to ceiling windows and plenty of booth seating. Currently a prominent fresh casual QSR concept for a qualified buyer to take over, or potential for rebranding.
Extras
$8,849 gross and 6 + 5 remaining on lease term. 1,700 sq ft and licensed for 30 people. Royalties of 6%and 1%, or available for rebranding to different concept, cuisine or franchise.
Property
Status: Sale
Type: Restaurant
Property Type: Sale Of Business
Property Type: Without Property
Area: Toronto
Community: Lawrence Park South
Availability Date: TBD
Inside
Bathrooms: 3
Air Conditioning: Y
Washrooms: 3
Utilities
Utilities: Available
Building
Basement: Y
Heat Type: Gas Forced Air Closd
Elevator: None
Freestanding: N
Outside Storage: N
Water Supply: Municipal
Physically Handicapped-Equipped: Y
Amps: 100
Parking
Garage Type: None
Covered Parking Spaces: 1
Fees
Tax Year: 2023
Tax Legal Description: PT LT 988 PL 1537 TWP OF YORK AS IN TB660453 S/T T
Taxes Type: T.M.I.
Land
Cross Street: Avenue Road + Lawren
Municipality District: Toronto C04
Sewer: San+Storm
Lot Depth: 104 Feet
Lot Frontage: 28.79 Feet
Zoning: Business Commerc
Commercial Specific
Number of Employees: 9
Rail: N
Retail Area: 1700
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 1700
Total Area Metric: Sq Ft
Hours Open: 11-9
Days Open: 7
Franchise: N
Tangible Property Included: Y
Crane: N
Lot Code: Lot
Survey: N
Seats: 30
Soil Test: N
Business/Building Name: Me Va Me
Financial Statement: N
LLBO: Y
Ledbury Park Elementary and Middle School
Elementary: PublicBlessed Sacrament Catholic School
Elementary: CatholicJohn Ross Robertson Junior Public School
Elementary: PublicJohn Wanless Junior Public School
Elementary: PublicGlenview Senior Public School
Elementary: PublicAllenby Junior Public School
Elementary: PublicMsgr Fraser College (Midtown Campus)
Secondary: CatholicJohn Polanyi Collegiate Institute
Secondary: PublicForest Hill Collegiate Institute
Secondary: PublicLoretto Abbey Catholic Secondary School
Secondary: CatholicMarshall McLuhan Catholic Secondary School
Secondary: CatholicLawrence Park Collegiate Institute
Secondary: Public
