Property Description
We are thrilled to present a stunning, elegantly designed restaurant located on Toronto’s Adelaide St., offering 4,700 square feet of space and seating for 120 guests. This fully licensed establishment is ideal for a variety of cuisines, featuring premium equipment such as a wood-burning pizza oven, Nella Forni deck ovens, a large exhaust hood, flat top, fryers, grills, a 6-burner stove, fridges, freezers, and more.
Situated in the vibrant Moss Park community, this restaurant is surrounded by condos and new developments. It’s just a short walk from popular attractions like St. Lawrence Market, the Distillery District, Toronto’s Waterfront, Sugar Beach, and Scotiabank Arena.
The restaurant is ready for a new owner, with the landlord seeking qualified operators. A brand new lease will be provided, and all chattels and equipment are included in the sale. This is a fantastic conversion opportunity in a prime location.
Lease Details:
- Net Rent = $19,700.00
- TMI = $4,728.00
- Gross Rent = $24,428.00 + HST
- 5 Year Lease + 5 Year Option To Renew
- 4300 Square Feet
- LLBO = 120
- Large Patio
- Newly Built With All Chattels & Fixtures Included In Sale