200 Marycroft Ave W

Vaughan | Pine Valley Business Park | L4L 5X9
  • 1500.0 sqft
  • 0 gar

$250,000

Est. Mtg $847 /mo
  • Days on market

    24

  • Status

    A

Listing Broker RIGHT AT HOME REALTY
Since listed: 1 views

Home details

MLS #:

N9768476

Property type:
Sale Of Business
Style:
Taxes:
$6,794
Possession:
TBD
Condo Fee:
Lot Size:
0.0 X 0.0
Zoning:
Retail
Use:
Restaurant
Heat:
Gas Forced Air Closd

Description


200 Marycroft Ave W, 13, Vaughan, Ontario is a Sale Of Business property in Vaughan and in the Pine Valley Business Park community in the L4L 5X9 postal code


Discover the dynamic "Lamasu Lounge and Grill," a fully licensed and equipped restaurant strategically situated in a bustling plaza at a high-traffic intersection near Highway 7. This prime location is surrounded by a blend of commercial and residential areas, including several factories that contribute to a steady stream of customers. With ample parking and significant foot traffic, the restaurant is perfectly positioned to capitalize on the growing demand for dining options in the vicinity. Recently renovated, the restaurant offers a turnkey operation with a proven track record of steady sales growth and exciting potential for further expansion. As new condo developments are planned for the area, an influx of residents will further enhance the customer base, making this an opportune time for investment. Currently thriving as a lounge and grill, the versatile space can be adapted for various culinary concepts, subject to existing exclusivities. The restaurant comes with a transferable liquor license, accommodating up to 28 patrons, making it ideal for breakfast, lunch, dinner, private parties, and catering events. Lease terms are favorable at approximately $3,790.84 per month, inclusive of TMI and HST, and extend until 2027, with all agreements contingent upon landlord consent and approval. All chattels and equipment are included, with a detailed inventory available upon acceptance of an offer. This business presents a fantastic opportunity for families and newcomers eager to step into a thriving restaurant environment with solid growth potential. Don't let this exceptional opportunity pass you by. Seize the chance to make your mark in the culinary scene today!.

Extras

All chairs and tables, three TVs, a surveillance system with cameras, a POS unit, and all lighting and fixtures, Glassware and more..



Payment calculator

$1413 monthly. In association with: TD Bank
%
  • Principal and Interest
    847 /mo
  • Property Taxes
    $566 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gunpreet Kochar, Realtor

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