895 BANK, Ottawa, Ontario K1S 3W4

$225,000 Sold


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Description


BUSINESS ONLY FOR SALE. Fabulous opportunity here as the Owner gets ready to retire. Popular restaurant with 80 inside seats plus another 32 in the enclosed heated 3.5 season sunroom and another 48 licensed on the patio. The patio is one of the nicest in town. 2017 SALES WERE $1,100,000.00. Perfectly located with lots of on-street parking and a huge walking demographic to draw from. Over $700,000.00 spent on interior not 5 years ago. ALL equipment is included and is in pristine condition.
About 895 BANK, Ottawa, Ontario K1S 3W4
Directions:Bank Street in The Glebe.
General Description
Status
Active
ML Number
1122433
Transaction Type
Sale
Property Sub Type
Business
District/Neighbourhood #
4402- Glebe
Municipality
Ottawa
Neighbourhood Name
THE GLEBE
Occupancy
Tenant
Title Form
Leasehold
Fronting On
East
Approximate Building SQFT
1,200
General/Industrial/Warehouse
Unit of Measure
Square Feet
Useable SqFt
1200
Sign on Property
No
Escalation Year Gencom
2,020
Existing Improvements
List with Listing Agent
Fire Retrofit
N/A
Apartment/MultiFamily
Total Parking
3
Property Taxes
$30,000
Business
Business Type BUS
Restaurant
Hospitality Type
Other
Business Name BUS
Rosies
Total Parking
3
Rental Details
NEW 5 year lease signed July 1 2018 @ $6,990.00 then $7,200.00
Building Owned or Leased
Leased
Business Gross Sales
1,100,000
Business Gross Sales Year
2,017
Hours of Operation
11am to 11pm
Sizeof Premises BUS
1,200
Land
Financial Information
Property Taxes
$30,000
Property Tax Year
2017

Details


Price $225,000
Size (Sq Ft) 1200
Property Type Sold
Category
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