$169,000
Available - For Sale
Listing ID: E13655724
1211 Kingston Road , Pickering, L1V 6M5, Durham
| Excellent opportunity in a high-visibility location on busy Kingston Road with convenient access to Highway 401 via Liverpool Road or Whites Road. Situated in a busy plaza alongside established businesses, offering great exposure, easy customer access and plenty of parking. The restaurant features a fully equipped commercial kitchen and is ready for a new operator to bring their concept to life. A major advantage is the low rent, which includes TMI and water. The unit also features two washrooms. There is an option to add the adjoining second unit to expand the seating area or continue using the additional space as a private party/event room, as it is currently set up. Great flexibility for private functions, catering and future expansion. Gross rent is $3,250/month + HST, including water. Current lease term is from February 2025 to January 2030, with an additional 5-year renewal option. January 2030, with an additional 5-year renewal option. Adjoining unit is currently operating as a private event/party room and is available for purchase at an additional cost. Buyer may purchase both units together for additional space and expansion. |
| Price | $169,000 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Occupancy: | Tenant |
| Address: | 1211 Kingston Road , Pickering, L1V 6M5, Durham |
| Postal Code: | L1V 6M5 |
| Province/State: | Durham |
| Legal Description: | 1211 Kingston Rd 14B |
| Directions/Cross Streets: | Kingston Rd / Liverpool |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | F |
| Total Area: | 950.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | % |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 11.30 a |
| Employees #: | 3 |
| Seats: | 20 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Clear Height Feet: | 12 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| HOMELIFE/FUTURE REALTY INC. |
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Ali Shahpazir
Sales Representative
Dir:
416-473-8225
Bus:
416-473-8225
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Durham |
| Municipality: | Pickering |
| Neighbourhood: | Town Centre |
| Fireplace: | N |
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