Central Chinatown restaurant business for sale, high traffic area, maximum streel level exposure, fully new renovation very reasonable rent long lease until Dec 31, 2029. 1520 sq ft net area. Base rent $35/sqft. TMI - $21/sqft. presently paying gross rent approx $8,000/month included all TMI and HST. Tenant pay separate meter gas, hydro and water present gas $500/month. hydro approx $800/month. Full liquor LLBO license for 40 seats. Restaurant name: JAO-BAR AND GRILL presently operate as BBQ and Grill restaurant.
Percent of Building:
0
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1520 sq. ft. Square Feet
Total Area:
1,520 sq. ft.141 m2
Retail Area:
1520 sq. ft. Sq Ft
Industrial Area:
0 sq. ft. Sq Ft
Office/Apt Area:
0 sq. ft. Sq Ft
Lot Depth:
150'45.7 m
Lot Frontage:
75'22.9 m
Water supply:
Municipal
Zoning:
Commerical
Heating type:
Electric Forced Air
Clear Height:
12'3.66 m
Garage:
None
Possession Details:
30-60 days
HST Applicable To Sale Price:
Included In
Type Taxes:
TMI
Taxes:
$21 /
2026
Assessment:
$- /
-
Toronto
Toronto C01
Kensington-Chinatown
Partial
hot water tank (rental): $160/month. Insecticide: $100/month. Garbage box: $400/month
All existing newly restaurant equipment freezer and cooler, booth, tables and chairs equipment list will be provided with offer.
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