A cherished family-run establishment, UK India Bistro offers authentic Uttarakhandi cuisine in the vibrant heart of Little Italy. Renowned for its warm neighborhood charm, the restaurant has cultivated a loyal local following, fostering strong partnerships with nearby businesses. As an active Little Italy Business Improvement Area (BIA) member, it benefits from robust community engagement and prominent visibility. The space has undergone a comprehensive renovation, boasting modern upgrades such as sleek new flooring and contemporary washrooms. Spanning 900 square feet, the premises include an inviting patio area ideal for al fresco dining during the summer months. Committed to safety and compliance, the bistro recently completed a fire department inspection and now operates with a state-of-the-art fire safety plan, ensuring adherence to all regulatory standards. This turnkey opportunity invites you to take over a thriving, well-established business with a sterling reputation and ample potential for expansion.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
900 sq. ft. Sq Ft
Depth:
0'0 m
Frontage:
20'6½"6.26 m
Water supply:
Municipal
Zoning:
Restaurant
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Assessment Year:
2024
Type Taxes:
N/A
Taxes:
$0 /
2024
Assessment:
$- /
2024
Toronto C01
Trinity-Bellwoods
Toronto
Lease Term Currently on the first year of the 5-year Term. Current Lease is $4000 per month HST with a $100 escalation year on year. Lease renewable for another 5 Years. Sale: This is an Asset Sale and the business has been priced by evaluating the Equipment, Chattels and Furnitur,e and Leasehold Improvements. A complete list would be provided to the potential Buyer. Financials not available.
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