Description

 Price: $ 799,000.00 MLS^®: E13077728         Location : 8130 Sheppard Avenue E Unit # 108-109, Toronto E11, ON M1B 3W3

A rare chance to take over a sleek, modern restaurant space that's fully operational, no need to build from scratch. A one of the Best fine dine restaurant in the prime Scarborough area with excellent visibility and foot traffic. 3,312 sq. ft. of space designed by a professional interior decorator features a spacious dining area with ample seating, and an elegantly designed bar area, creating the perfect ambiance for a high-end dining experience. A modern fully equipped kitchen including a 30 ft hood, walk-in cooler and freezer, and high-end appliances. Generating over $1.1M in annual sales (last year), this is a proven, successful operation. Favorable lease terms with 2 + 5 + 5 years remaining and very low rent of ~$10,240 (including base rent, TMI, Garbage Bin & Water) + HST make this an exceptional opportunity for investors or owner-operators. There is also a great opportunity to convert this space into any other brand or dining concept, offering flexibility to suit your vision.

Location Description

Morningside Ave. and Sheppard Ave. E

Property Details

• Community: Rouge E11
• Property Type: Tenant/Commercial
• Bath: 4
• Garages: None

Building Features

Features

• Heating: Electric Forced Air