#3 - 1087 Wellington Street, WestCentreTown, ON K1Y 2Y4

West Centre Town K1Y 2Y4 Ontario

MLS: X12159532

$150,000

Added 5 days ago | For Sale

Listed by: CDN GLOBAL (OTTAWA) LTD.

About Property

Fully fixtured and beautifully built out restaurant for sale with an assumable lease. It is an excellent opportunity to bring your restaurant business to the Hintonburg area. This is an asset sale only. The space was recently renovated in 2023, and all of these upgrades are included in the sale price. The space features a tastefully designed dining area and large kitchen space. In addition to the equipment shown, a previous tenant installed two wood fire pizza ovens that have been maintained. There is an existing Liquor Sale License with a capacity of 60 on the main floor and 27 on the patio in the west section. The current Lease Agreement ends on March 31, 2026 and contains an additional two five (5) year options. Purchase price is $150,000. Gross rent is approximately $6,500 per month, including taxes.1087 Wellington Street West, Unit 3, is located in Hintonburg. This area boasts high levels of vehicle and pedestrian traffic and a proximity to several transit lines. One of Ottawa's premier retail areas with numerous shops, cafes, and restaurants to explore. Utilities additional. Please contact the Listing Broker with any inquiries - do not approach the staff.

Features

  • House Style:Sale Of Business
  • Bathrooms:4
  • Land Size: 32.7 X 125.35
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Wellington Street and Pinhey Street
  • Basement: ,
  • Possession Date:
  • Annual Property taxes:
  • Bedrooms:
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12159532

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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