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Description

This is a renowned restaurant with a strong base of loyal customers, located in an affluent neighborhood with a long-standing history. The current owner is retiring after over 30 years of continuous and successful operation.Situated in a high-growth area with significant future redevelopment potential, this business presents an exceptional opportunity for the right operator.The current lease has approximately 2 years remaining. The landlord is open to working with a qualified buyer on a new lease, offering the potential for a long-term arrangement including a 5-year term with a 5-year renewal option, subject to landlord approval.The sale includes all business assets, equipment, chattels, goodwill, and leasehold interest (subject to landlord approval).The space is well-suited for a variety of concepts, including Japanese cuisine, fusion, or other dining formats.

Location Description

Islington Ave and Bloor St W

Property Detail

  • Community: Stonegate-Queensway
  • Property Type: Tenant/Commercial
  • Garages: Reserved/Assignd
  • Annual Property Taxes : $ 0
  • sqft

Facts and Features

  • Parking Type : Reserved/Assignd

Amenities

  • Heating : Gas Hot Water

Listing Contracted With: HOMELIFE/MIRACLE REALTY LTD

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