424 Preston StreetDows Lake - Civic Hospital and Area, Ottawa, ON, K1S 4N2
424 Preston StreetDows Lake - Civic Hospital and Area, Ottawa, ON, K1S 4N2
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Buy/sell history for 424 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N2
| Date Start | Date End | Event | Price | MLS# |
|---|---|---|---|---|
0 Transactions by CPRB Agents
Top Agents in Dows Lake - Civic Hospital and Area
Description
INCREDIBLE OPPORTUNITY TO TAKE OVER A STUNNING AND FULLY EQUIPPED RESTAURANT IN THE HIGHLY SOUGHT AFTER - HEART OF LITTLE ITALY! This space is offered as a 2.5-year sublease or preferably as an ASSIGNMENT, with the option to negotiate a new long-term lease, this 1,300 sq. ft. space features a functional and fully equipped kitchen, seating for approx. 35 guests, a large and trendy fully stocked bar, 2 large washrooms, an additional prep and storage space in the basement, and separate back entrance to 3-car parking. Located on tourist-friendly Preston Street, surrounded by plenty of established restaurants, and retail, government offices and residential towers; this location provides excellent exposure and steady foot traffic. Triple-net rent is $4,200/month plus HST for Base Rent, with Additional Rent of approximately $1825.73/month plus HST. Utilities are separate. All potential tenants must purchase the restaurant assets for $65,000 and provide proof of restaurant experience and financial capability. See Attached Feature Sheet for All Assets Included in the Purchase Price. This property can also be offered as a sale of business.
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$4,200 (net)
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