Jag Patel
Broker
$149,000
Available - For Sale
Listing ID: X12904566
1 Queen Street North , Kitchener, N2H 2G7, Waterloo
| Exceptional turnkey restaurant opportunity available immediately in downtown Kitchener. This restaurant was fully built out in 2022 and comes fully equipped with modern, high-quality finishes and equipment throughout. True Fridges and Freezers, 55 inch TVs, 10 Tap Draught Tower, Sound System, Large Kitchen Exhaust Hood, Camera System, Banquettes, Tables, Chairs, Flat Tops, Fryers and so much more. The space features a transferable liquor license for 112 seats and a fantastic lease in place until June 2032, with two additional five-year renewal options. Offering a competitive rental rate of $8,600 per month inclusive of TMI, this is an ideal opportunity for established restaurant operators or brands seeking a high-traffic, high-visibility downtown location with a strong long-term lease and minimal setup time. This Sub-Lease is subject to approval by the Sub-Landlord and Head Landlord. Must be qualified operators. No coffee use permitted. |
| Price | $149,000 |
| Minimum Rental Term: | 72 |
| Taxes: | $2470.83 |
| Tax Type: | TMI |
| Occupancy: | Vacant |
| Address: | 1 Queen Street North , Kitchener, N2H 2G7, Waterloo |
| Postal Code: | N2H 2G7 |
| Province/State: | Waterloo |
| Directions/Cross Streets: | Queen St N & King St W |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | F |
| Total Area: | 2965.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | % |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Hours Open: | 11am-2a |
| Employees #: | 0 |
| Seats: | 112 |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Tax: | $2,470.83 |
| Fireplace: | N |
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