$119,000
Available - For Sale
Listing ID: X13725762
45 MUNRO Street , Carleton Place, K7C 1H6, Lanark
| BUSINESS FOR SALE! Well-established and popular Asian fusion restaurant located in the heart of Downtown Carleton Place, situated on a prominent corner lot near Highway 7 with excellent visibility and strong exposure to passing traffic. The property features an approximately 81' x 218' lot (0.398 acres) and a 1,300 sq. ft. commercial building.The sale includes a successful, turnkey restaurant operation with an established customer base and strong presence in the local community. All restaurant equipment, signage and displays are included, providing an excellent opportunity for a new owner to take over and continue the existing operation. Comprehensive training can be provided to facilitate a smooth transition.Ideal for an owner-operator or entrepreneur looking to acquire an established restaurant business in a high-visibility location. Please contact the Listing Agent for further information and to arrange a private site visit. A signed Confidentiality Agreement is required before any financial information regarding the business will be released. Please do not approach or communicate with the restaurant's employees directly. Lease Term: The parties agree to a flexible lease term of 3 to 5 years, with the final term to be mutually agreed upon and documented in the lease agreement. Rent: The monthly rent for the first year shall be $3,000.00 per month, subject to an annual rent increase as agreed upon by the parties. Property Taxes, Insurance and Utilities: The TENANT shall be responsible for payment of all property taxes, property insurance, and all utilities and services associated with the property throughout the term of the lease. Repairs and Maintenance: The LANDLORD shall be responsible for major structural and exterior repairs to the property, including, but not limited to, the roof, foundation, and exterior walls. All other routine repairs, maintenance, upkeep, and operating costs related to the property shall be the responsibility of the TENANT. |
| Price | $119,000 |
| Taxes: | $11000.00 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 45 MUNRO Street , Carleton Place, K7C 1H6, Lanark |
| Postal Code: | K7C 1H6 |
| Province/State: | Lanark |
| Legal Description: | PT LT 13 SEC E PL 230 LANARK N BECKWITH |
| Lot Size: | 24.82 x 218.02 (Feet) |
| Directions/Cross Streets: | From Hwy 7, Turn right onto Franktown Rd, Continue onto Moore St, Turn right onto Munro St. |
| 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: | T |
| Total Area: | 17319.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Hours Open: | FLEXIBL |
| Employees #: | 0 |
| Seats: | 50 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| HOME RUN REALTY INC. |
|
|
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Lanark |
| Municipality: | Carleton Place |
| Neighbourhood: | 909 - Carleton Place |
| Lot Size: | 24.82 x 218.02(Feet) |
| Tax: | $11,000 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
