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: Bakery
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Zoning: CR
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Age: 51-99 years
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MLS®#: C9511324
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Days on Site: 29 Days
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Added: Oct 23, 2024 (1 month ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: RE/MAX ULTIMATE REALTY INC.
READY...SET...BAKE! Fully turn-key bakery and wholesale manufacturing business featuring premium equipment and a classy cafe in the front of the space. Located right where busy Queen St W and popular Portland St meet on the ever sunny north side of the street. Seller willing to train and provide recipes. Elegant cafe area is supported by an extensive prep and baking area at the back half of the space. Large dry basement ideal for dry storage features good sized walk-in fridge with potential for additional production space. Net Rent $6,250 + $2,750 TMI. LLBO for 30 interior. Lease expires 2028 + 1x5yr Renewal. Ground floor leasable area 2,275 sqft.
Extras
Tenant pays 90% of building water (approx. $800 quarterly). Monthly utilities approx. $1,500/month. Accessible washroom on main floor.
Property
Status: Sale
Type: Bakery
Property Type: Sale Of Business
Property Type: Without Property
Age: 51-99
Area: Toronto
Community: Kensington-Chinatown
Availability Date: TBA
Inside
Bathrooms: 3
Air Conditioning: Y
Washrooms: 3
Building
Basement: Y
Heat Type: Gas Forced Air Closd
Elevator: None
Energy Certificate: N
Green Verification Status: N
Freestanding: Y
Outside Storage: N
Water Supply: Municipal
Physically Handicapped-Equipped: Y
Volts: 208
Amps: 100
Parking
Garage Type: None
Fees
Tax Year: 2024
Taxes Type: T.M.I.
Land
Cross Street: Portland St.
Municipality District: Toronto C01
Sewer: Sanitary
Zoning: CR
Commercial Specific
Number of Employees: 5
Retail Area: 2275
Retail Area Metric: Sq Ft
Total Area: 2275
Total Area Metric: Sq Ft
Hours Open: 8am-8pm
Area Influence: Public Transit
Area Influence: Rec Centre
Days Open: 7
Franchise: N
Tangible Property Included: Y
Lot Code: Building
Seats: 30
Business/Building Name: Geste Croissant
Financial Statement: N
LLBO: Y
Downtown Vocal Music Academy of Toronto
Elementary: PublicALPHA Alternative Junior School
Elementary: PublicNiagara Street Junior Public School
Elementary: PublicOgden Junior Public School
Elementary: PublicSt Mary Catholic School
Elementary: CatholicRyerson Community School Junior Senior
Elementary: PublicOasis Alternative
Secondary: PublicCity School
Secondary: PublicSubway Academy II
Secondary: PublicHeydon Park Secondary School
Secondary: PublicContact Alternative School
Secondary: PublicCentral Technical School
Secondary: Public
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