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 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, with additional rent of approximately $900/month plus HST. All potential tenants must purchase the restaurant assets for $75,000 and provide proof of restaurant experience and financial capability. See Attached Feature Sheet for All Assets Included in Purchase Price. This property can also be offered as a sale of business. (id:53622)
| MLS® Number | X12474426 |
| Property Type | Retail |
| Neigbourhood | Little Italy |
| Community Name | 4502 - West Centre Town |
| Farm Type | Other |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,300 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 100 Ft |
| Size Frontage | 25 Ft |
| Size Irregular | Unit=25 X 100 Ft |
| Size Total Text | Unit=25 X 100 Ft |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/29015603/424-preston-street-ottawa-4502-west-centre-town
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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