$849,000
Available - For Sale
Listing ID: W9258713
218 Lakeshore Rd , Oakville, L6J 1H8, Ontario
| The Pescaraa Restaurant & Venue is a highly successful business with exceptional sales and strong profitability. This 5,000 sq. ft. establishment is spread over two levels. The main level features a charming Italian restaurant with seating for 70-80 guests, while the lower level offers a banquet hall accommodating up to 100 people. Equipped with a full chefs kitchen, a large liquor license, and a spacious outdoor patio, this restaurant is fully prepared for business. The property boasts a long-term lease of 2+5 years at approximately $10,500 gross (including TMI). Situated in the vibrant town of Oakville, surrounded by a growing population, this location has undergone extensive renovations and upgrades by the current owner with significant investment. The kitchen is fully equipped and ready for operations. Don't miss this excellent business opportunity! |
| Price | $849,000 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Occupancy by: | Owner |
| Address: | 218 Lakeshore Rd , Oakville, L6J 1H8, Ontario |
| Postal Code: | L6J 1H8 |
| Province/State: | Ontario |
| Legal Description: | PT LT B, BLK 11, PL 1 20R12809; OAKVILLE |
| Directions/Cross Streets: | Lakeshore Rd & Trafalgar Rd |
| Category: | Without Property |
| Use: | Restaurant |
| Total Area: | 5000.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 0 |
| Office/Appartment Area Code: | Sq Ft |
| Industrial Area: | 0 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 100 |
| Retail Area Code: | % |
| Business/Building Name: | Pescaraa Restaurant & Venue |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | Y |
| Days Open: | 7 |
| Hours Open: | - |
| Employees #: | 7 |
| Seats: | 75 |
| LLBO: | N |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 3 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Sewers: | San+Storm |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| HOMELIFE/MIRACLE REALTY LTD |
|
|
Alex Mohseni-Khalesi
Sales Representative
Dir:
5199026300
Bus:
4167211500
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Halton |
| Municipality: | Oakville |
| Neighbourhood: | Old Oakville |
| Baths: | 3 |
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