Stunning 87 seat Italian restaurant DTN Vancouver with patio grossing $1.3 million – $1.4 million/year! The restaurant has a stunning dining room with nice bar and exposed brick walls with large heritage windows and amazing millwork! This restaurant has been renovated from top to bottom with all brand new equipment and finishings. Inside the kitchen you will find a state-of-the-art kitchen designed for capacity and fine dining. Rent for the space is $13,832.88/month including GST for the total space of 3,123 sq ft and a term of 10 year lease + 2 x 5 year renewal options and no demolition clause. An absolute first class one of a kind opportunity!!
- Asking Price:
- $628,000 (CAD)
- Sales Revenue:
- $1,400,000 (CAD)
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
10 YEAR LEASE WITH 2 X 5 YEAR RENEWAL OPTIONS. NO DEMOLTION CLAUSE
- Location:
-
Highly sought out area of downtown Vancouver!
- Premises Details:
-
3,123 SQ FT. 10 YEAR LEASE WITH 2 X 5 YEAR RENEWALS.
- Size in square feet:
- 3,123 SQ FT
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
RETIREMENT
- Trading hours:
-
9AM - 12 MIDNIGHT
