174 Rideau S Street Unit A
Lower Town - Sandy Hill, ON K1N 5X6
About This Property
Opportunity knocked! For this price, you can OWN a fully equipped and well run trendy BUBBLE tea shop PLUS the opportunity to operate another business on the same location on this most busy Rideau Street location, opposite the coming new MCDONALD RESTAURANT. BUBBLE tea shop was formerly set up by Presotea Franchise and now operated under the name Lazy Panda with any franchise. Currently the front part is bubble tea and there is a small Chinese food kitchen in the middle of the store serving simple fast food and steaming Cantonese dim sum. The Seller mentions that the store is approximate 3000 square feet and IT IS THE BUYER RESPONSIBILITY TO VERIFY THE SQUARE FOOTAGE OF THE LEASED PREMISES AND THE SELLER DOES NOT WARRANT THE ACCURACY OF THE SQUARE FOOTAGE OF THE LEASED PREMISES.The rest of the store are equipped with tables, chair and tastefully decorated. The store runs from Rideau Street to Besserer Street and there is also store entrance door from Besserer Street (137 Besserer Street). There is full basement under the store with both access staircase from the front and the back of the store for storage and also a rest room for the employer. DON'T MISS THIS GREAT OPPORTUNITY TO SET UP YOUR NEW BUSINESS VENTURE AND NEGOTIATE A NEW LEASE WITH THE LANDLORD. PRICE DOES NOT INCLUDE ANY STOCK-IN-TRADE
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12578770
Listed by RIGHT AT HOME REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$244
/month · $40,000 mortgage
Amortization
Total Interest
$33,247
Total Cost
$73,247
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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