ADAM MILLS REALTY TEAM

424 Preston Street Ottawa, Ontario K1S 4N2

1,300 ft2
Forced Air

$4,200 Monthly

INCREDIBLE OPPORTUNITY TO TAKE OVER A STUNNING AND FULLY EQUIPPED RESTAURANT IN THE HIGHLY SOUGHT AFTER - HEART OF LITTLE ITALY! This space is offered as a 2.5-year sublease or with the option to negotiate a new long-term lease, this 1,300 sq. ft. space features a functional and fully equipped kitchen, seating for approx. 35 guests, a large and trendy fully stocked bar, 2 large washrooms, an additional prep and storage space in the basement, and separate back entrance to 3-car parking. Located on tourist-friendly Preston Street, surrounded by plenty of established restaurants, and retail, government offices and residential towers; this location provides excellent exposure and steady foot traffic. Triple-net rent is $4,200/month plus HST, with additional rent of approximately $900/month plus HST. All potential tenants must purchase the restaurant assets for $75,000 and provide proof of restaurant experience and financial capability. See Attached Feature Sheet for All Assets Included in Purchase Price. This property can also be offered as a sale of business. (id:49712)

Property Details

MLS® Number X12474426
Property Type Retail
Neigbourhood Little Italy
Community Name 4502 - West Centre Town
Farm Type Other

Building

Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1,300 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Depth 100 Ft
Size Frontage 25 Ft
Size Irregular Unit=25 X 100 Ft
Size Total Text Unit=25 X 100 Ft
Zoning Description Commercial

https://www.realtor.ca/real-estate/29015603/424-preston-street-ottawa-4502-west-centre-town

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