Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

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$12,500
Available - For Rent
Listing ID: X11824248
Here's your opportunity to lease an existing and iconic restaurant in the desirable community of Sturgeon Falls located on the TransCanada Highway of West Nipissing. This landmark comes with 1 bar, 1 restaurant, 1 banquet hall, and 1 drive thru. The well established Gervais Restaurant has been serving up family fare to the community since 1955 and has been operated by the same family for the last 25 years. The restaurant, bar, banquet hall and drive thru will all be available vacant on possession. With an incredible liquor license capacity of 441, the opportunities are endless for growing your business including ample parking that surrounds the property. The restaurant can be converted to a new brand or stay the same. The kitchen is equipped with 3 exhaust hoods with fire suppression, plenty of storage, large walk in fridge and freezers, large dish area and prep area, offices, and everything required to facilitate your restaurant needs. **EXTRAS** * Total Square Footage = 11,584 * Restaurant + Country Style + Dining Room + Bar * LLBO = 441 * 65 Parking Spots * Fully Equipped And Ready To Operate * Drive Thru Available * Gross Lease = $12,500 + HST *
Price $12,500
Minimum Rental Term: 36
Maximum Rental Term: 60
Taxes: $0
Tax Type: T.M.I.
Occupancy by: Owner
Address: 169 Front St , West Nipissing, P2B 2H9, Ontario
Postal Code: P2B 2H9
Province/State: Ontario
Lot Size: 264.01 x 195.5 (Feet)
Directions/Cross Streets: FRONT ST & MICHAUD ST
Zoning: C2
Category: Retail
Use: Hospitality/Food Related
Building Percentage: Y
Total Area: 11,584
Total Area Code:  Sq Ft
Retail Area: 100
Retail Area Code: %
Franchise: N
Days Open: 7
Sprinklers: Y
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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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.

169 Front St , West Nipissing, P2B 2H9, Ontario

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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