3 - 1066 Adelaide St N, London East, N5Y 2N1

Home Overview

Description

Rare opportunity to purchase a unique Bakery / Restaurant Take-out location / business. You can buy and operate the existing business and or bring in your own Business / Restaurant use, with your own Name. You do not need to operate the existing business. Install your own business concept. The Restaurant / Bakery is located in a busy Plaza located along Adelaide Street north, just south of Huron St and north or Cheapside St. The purchase price includes the business and equipment and chattels. Very rare opportunity to get a 1,550 SF unit with an already fully functional kitchen in place. There is already a Hood and Exhaust and grease trap and Walk-in Cooler installed in the space, that will stay with the building. The unit was fully renovated and built out in 2020 and kitchen was installed in 2020. 2 washrooms installed. Very attractive Lease already in place, that can be assumed by qualified tenants subject to the Landlord approval. Excellent exposure & accessibility. High Daily Traffic Count for the plaza, over 30,000 cars/day. Direct exposure and access to Adelaide Street North. Plenty of on-site free parking. Zoning: CSA6 - permits a wide range of uses. Newer rooftop HVAC installed for the unit. Asking: $209,000. Consistent gross sales. Leased Unit Size: 1,550 SF. The name, Zaatarz Bakery & Sweets, is not being sold with the business.

2 months

On Market

Sale Of Business

Property Type

$11 / Year

Est. Annual Taxes

Without Property

Style

Outside/Surface

Garage

N

Basement