$649,000
Available - For Sale
Listing ID: W11895747
240 Leighland Ave , Oakville, L6H 3H6, Ontario
| An exceptional restaurant conversion opportunity awaits with this stunning, high-end Italian restaurant in the vibrant heart of Oakville. Boasting a state-of-the-art buildout completed in 2022 at an impressive $1.3M investment, this space emits elegance and functionality.The restaurant offers a spacious and versatile layout, featuring distinguished booths, a charming patio, and private dining rooms perfect for hosting everything from intimate gatherings to grand celebrations. It also includes a large, transferrable liquor license for 104 patrons, along with all chattels and equipment as part of the sale. Situated just north of the QEW within the prestigious Oakville Place Mall, this prime location ensures excellent visibility and accessibility for both locals and visitors. Ample mall parking adds to the convenience, making it an ideal spot for a thriving dining establishment. Trade name is not included. Dishwasher & Glass Washer are rentals and must be assumed by the Buyer. Please do not go direct or speak to staff. Your discretion is appreciated. |
| Extras: * Net Rent = $6,461.78 * TMI = $4,215.14 * Gross Rent = $12,064.93 Including TMI & HST * Lease Expires April 2037 + 2 X 5 Year Renewal Options * 2345 Sq Ft * LLBO = 104 (60 Inside + 44 Patio) * |
| Price | $649,000 |
| Taxes: | $0.00 |
| Tax Type: | T.M.I. |
| Occupancy by: | Tenant |
| Address: | 240 Leighland Ave , Oakville, L6H 3H6, Ontario |
| Postal Code: | L6H 3H6 |
| Province/State: | Ontario |
| Directions/Cross Streets: | TRAFALGAR & LEIGHLAND |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | N |
| Total Area: | 2345.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 100 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 7 |
| Hours Open: | 11am-2a |
| Employees #: | 10 |
| Seats: | 104 |
| LLBO: | Y |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Halton |
| Municipality: | Oakville |
| Neighbourhood: | 1003 - CP College Park |
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