2284 Tenth Line Road Unit#f1 Ottawa, Ontario K4A 0X4
$198,000
Your opportunity to acquire the rights to a high-end turn-key restaurant space. Asset sale in a leased triple-A plaza. The premises are an end cap unit with a covered outdoor patio on the side of the building. The premises are 2076.3 square feet. The restaurant features a full open-concept commercial kitchen with a hoodfan ventilation system, grease trap, dishwashing station, cooking equipment, and preparation stations plus a back office and two bathrooms. All kitchen equipment and furniture are included in this sale. Rent is very reasonable with a fixed lease rate below the current market value at $28 psf. A scheduled increase to $30 psf net will start in November 2024 and remain fixed for the balance of the term which ends on October 31, 2031. The total monthly rent including all building operating costs and HST is currently $8,716.20 per month. Stand-up refrigeration and a freezer are included in the sale. No walk-in refrigeration or freezer was installed in the building. (id:49542)
Business
| Business Type | Restaurant |
| Business Sub Type | Restaurant |
Property Details
| MLS® Number | 1397856 |
| Property Type | Business |
| Neigbourhood | Chapel Hill South |
Building
Land
| Acreage | No |
| Size Irregular | * Ft X 0 Ft |
| Size Total Text | * Ft X 0 Ft |
| Zoning Description | Gm[950] |
https://www.realtor.ca/real-estate/27045392/2284-tenth-line-road-unitf1-ottawa-chapel-hill-south
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June 14 2024 09:11:17
Ottawa Real Estate Board