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Listed by Kaushal Shah • IPRO Realty Ltd.
$249,777
Est. payment /mo
524 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Approx. Sqft 501 to 1000
Square Footage 524 sqft
Price per Sqft $476
MLS Listing ID H4201898
Property Sub-Type Retail
Property Description
Fantastic Opportunity for Franchised Mediterranean Restaurant with prime location
Location offers great opportunity inside the food court of Lime ridge mall, Hamilton's busiest mall.
Stable with easy operation, ideal for first-time buyers. Training : Provided by Head office.
Foot Traffic: High due to busting mall environment, ensuring a steady flow of potential customers.
Financial Terms: low rent and a long term lease provide stability & favorable terms for potential buyers.
Cost: Labour cost Approx.21%, Food cost 34%, Utilities approx. $350(for Gas) Other utilities included in the Rent, Royalty & Adverting
6%+3% Rent - $12812 per month including TMI
Lease Term - 4 years + 5 years option to renew.
This opportunity offers a lucrative chance for business growth and profitability in a prime location.
Location offers great opportunity inside the food court of Lime ridge mall, Hamilton's busiest mall.
Stable with easy operation, ideal for first-time buyers. Training : Provided by Head office.
Foot Traffic: High due to busting mall environment, ensuring a steady flow of potential customers.
Financial Terms: low rent and a long term lease provide stability & favorable terms for potential buyers.
Cost: Labour cost Approx.21%, Food cost 34%, Utilities approx. $350(for Gas) Other utilities included in the Rent, Royalty & Adverting
6%+3% Rent - $12812 per month including TMI
Lease Term - 4 years + 5 years option to renew.
This opportunity offers a lucrative chance for business growth and profitability in a prime location.
Location
Province ON
County Hamilton
Direction Facing West UPPER WENTWORTH AND MOHAWK ROAD E
Interior
Heating Electric Forced Air
Exterior
Utilities Available Yes
Waterfront Description None
Present Use HSPITALITYFOOD
Building
Sewer None
Water Municipal
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