$349,000
1624 Rue Ste-Catherine O. , Montréal, QC H3H2S7
MLS: 16048991
Description
Rare opportunity to purchase this fully equipped restaurant inclusive of all kitchen equipment and furnishings, fully turnkey! Located in the heart of downtown Montreal on the main artery of Sainte-Catherine Street in Le Faubourg . The restaurant features 2100 square feet of space with an additional 720 square feet of off site storage. Lease renewed for a balance of 5 years (with another 5 year option) at very competitive rates. Available now.
CURRENT RENT | LOYER ACTUEL :
* Monthly base rent | Loyer de base mensuel : $13,125 ($75
/ sq.ft.)
**2nd option to renew the base rent shall be at fair market
rate
* Storage unit | Pièce de stockage : $1,065 / month ($17.76
/ sq.ft.)
**Shall be increased annually by the greater of the
escalation payable by the Tenant for the Operating
Expenses or for the Taxes for the premises, the whole on a
cumulative basis.
* CAM monthly | CAM mensuel (2023) : $3,464 ($19.79 /
sq.ft.)
* Gross rent | Loyer brut : $17,654 + GST/QST + utilities
Inclusions : All equipments and furniture in the restaurant
Exclusions : As per lease.
Location
Room Details
| Room | Dimensions | Level | Flooring |
|---|---|---|---|
| N/A | |||
Charateristics
| Water supply | Municipality |
|---|---|
| Sewage system | Municipal sewer |
| Zoning | Commercial |
| Kind of commerce | Restaurant |
