Make money day one! This turnkey, fully operational Indian Takeout/Delivery Restaurant (QSR) is now for sale. The Seller may consider transferring the name and menu to the successful Buyer. This unit is in an excellent high-traffic plaza at the south west corner of Princess St. and Gardiners Road, one of Kingston's busiest intersections, and adjacent to the Cataraqui Mall. There is ample on-site parking. The current lease has a very attractive rental rate and expires mid-2031. There are two optional five-year renewal periods. If the current set-up does not suit the Buyers intended use the space can be easily rebranded for other QSRs such as Chinese, Thai etc. (Note: Pizza take-out and Subway are existing tenants). The high-quality fit-up, completed in 2023, includes a 12 exhaust hood, suppression system, walk-in fridge and freezer, 2 x double sinks, cooking range, oven, wok burner and fryer, as well as all other components of a modern commercial kitchen.
Mls | X10426803 |
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Listing Type | For Sale |
Subtype | Resale |
Status | New |
Days On Site | 19 |
Listing Provided By | ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE | Not Provided |
Sq Feet | 1,120 |
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State | ON |
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County | Frontenac |
City | Kingston |
Zip Code | K7P 2W8 |
Area | North of Taylor Kidd Blvd |
Listing VS Median (in K7P 2W8) | |
Price: $229,000 low | high Med: $229,000 SqFt: 1,120 low | high Med: 1,120 $ / SqFt: $204 low | high Med: $204 On Site: 19 low | high Med: 19.000000 |