724 Lakeshore Road

About This Property

Excellent opportunity to assume a 5-year lease with a 5-year renewal option and acquire a professionally built-out, turnkey premises with many allowed uses. Listing features extensive seller-funded leasehold improvements and included treatment equipment. This is not a sale of the business/brand-the purchase price reflects the value of the improvements completed and paid for by the seller, plus included fixtures and equipment. Major improvements and build-out completed by the seller include: new drywall/room construction with proper steel reinforcement; complete electrical overhaul with lighting throughout; new paint, lights/light panels, and upgraded outlets including dedicated outlets for larger machinery (basement and main floor);new kitchenette with sink(s), cabinets, fridge, microwave, faucets/fixtures, plus associated plumbing and electrical; new heating system; fully rebuilt wheelchair-accessible washroom with new vanity/sink, toilet, flooring, fixtures, and door; rear entrance foyer improvements including flooring and drywall; flooring repairs/improvements, baseboards, and required rewiring; master lighting switchboard for front/back; new front and rear doors with new locks; and a complete overall build-out. Included equipment/fixtures: multiple massage tables (many comparable new units approximately $1,000+ each), select furniture, and reception desk. Exclusions: the brand (Tailbone Health) and client base are excluded. Also excluded are all indoor logo signage, one outdoor logo sign, and the main outdoor sign. Décor items, the carpet and lounge furniture, and any small treatment/consumable supplies are also excluded.