Jag Patel
Broker
$799,000
Available - For Sale
Listing ID: E13077728
8130 Sheppard Avenue East , Toronto, M1B 3W3, Toronto
| 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. |
| Price | $799,000 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 8130 Sheppard Avenue East , Toronto, M1B 3W3, Toronto |
| Postal Code: | M1B 3W3 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Morningside Ave. and Sheppard Ave. E |
| 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 |
| Total Area: | 3312.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Business/Building Name: | Sankalp Restaurant -The Taste of Indi |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | T |
| Hours Open: | 12 pm - |
| Employees #: | 5 |
| Seats: | 68 |
| Washrooms: | 4 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
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| RIGHT AT HOME REALTY |
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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: | Toronto |
| Municipality: | Toronto E11 |
| Neighbourhood: | Rouge E11 |
| Baths: | 4 |
| Fireplace: | N |
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