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898 – Restaurant/Gastro Pub – $569,000


This is a fully renovated restaurant/pub located in a very trendy restaurant area. Comes fully equipped and shows very well. The concept can be changed if desired. Ready for the energy of a new owner – just pick up the torch and run with it!

Sales: Gross sales: $1,770,000 per year

Size in sq. ft. 2,400 sq. ft. on main; plus 1,500 sq. ft. downstairs at half the lease rate

No. of Seats: 113 plus 35 on patio

Number of parking stalls: 6 dedicated plus, first-come, first-served basis on-street

Financing: Treat as clear title

Style of cuisine: Casual dining; gastro pub

Customer Demographics: Wide range of ages; business people; locals; walk-by traffic

Type of service: Table

Hours of operation:
Sunday – Thursday 11 am – midnight

Friday & Saturday 11 am – 2 am

Number of employees: 20 – with 60% full-time and 40% part-time

Leasing information:

Rate per sq. ft. $32 per sq. ft.; gross monthly rent approx. $13,000 which includes rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term: Goes to 2020         Option periods: One 5-year option (to be verified)
Deposit held by Lessor: 1 month (to be verified)

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