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$ 499,000
Est. payment | /mo
$ 499,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Pending
Purchase Type For Sale
Subdivision Roseland
MLS Listing ID W12518620
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Sale of business of a Top of the line Fine Dining Indian Restaurant. This tastefully done restaurant features 80 seats, large Kitchen, Abundance of Natural light, LLBO licensed. This Restaurant boasts of being one of the best Indian Cuisines in Burlington and has private parties booked till the end of the year.Perfect business for groups/individuals looking at further building this Indian Restaurant, Bottle service, inviting Indian artist to perform for a small elite group, open mic for desi standups. RIOCAN's well maintained plaza with other large clientele: LCBO, Food Basics, Burger King, Moores, Party City and many more. Chattels: Large 24 ft hood (approx), Walk in cooler, Tandoors, dough mixer and many more. Perfect for Low Rental: Net rent: $30 per sq.ft (approx)+ TMI: $19.75 per sq.ft (approx), Lease term till end of 2033+ 2 renewal option of 5 years.
Location
Province ON
County Halton
Area Halton
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features Yes
ParcelsYN No
Listed by RE/MAX REAL ESTATE CENTRE TEAM ARORA REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "