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1091 – Kensington Restaurant – $269,000

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   This space is ready to go for a new concept! It’s in an excellent location surrounded by many condos and apartment buildings. Also patronized by shoppers and other business owners in the area. All equipment and fixtures are brand new and the place is shiny! Everything is included so bring your concept to this very well-located and desirous neighborhood! In addition, it comes with a great lease rate!

Sales: Gross sales: Restaurant presently not operating

Size in sq. ft. 2,200 sq. ft.

No. of Seats: 40

Number of parking stalls:  Two in back plus on-street parking

Financing: Treat as clear title

Style of cuisine: Casual dining; neighborhood restaurant; elevated Italian

Customer Demographics: Locals from surrounding condos and apartments; shoppers and business people in area

Type of service: Table

Hours of operation:
A new owner can choose their own operating hours.

Number of employees: As required by new owner.

Leasing information:

Rate per sq. ft. Gross monthly rent approx. $6,737.50 which includes rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term: 10 years
Deposit held by Lessor: 1 month (to be verified)


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