Central Chinatown restaurant business for sale, high traffic area, maximum streel level exposure, fully renovated, very reasonable rent. Presntly leas until Dec 31, 2029. Can be extend. Basic rent $35/sqft. TMI - $21/sqft. presently paying gross rent approx $8,000/month included allTMI and HST. Seperate reading metere for gas, water, and hydro. Full liquor LLBO license for 40 seats. Restaurant name: JAO-BAR AND GRILL presently operate as BBQ and Grill restaurant. Fully equip with exhaust system.
Minimum Rental Term:
36
Maximum Rental Term:
60
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1520 sq. ft. Square Feet
Total Area:
1,520 sq. ft.141 m2
Retail Area:
1520 sq. ft. Sq Ft
Industrial Area:
0 sq. ft. Sq Ft
Office/Apt Area:
0 sq. ft. Sq Ft
Lot Depth:
150'45.7 m
Lot Frontage:
75'22.9 m
Water supply:
Municipal
Zoning:
Commerical
Heating type:
Electric Forced Air
Clear Height:
12'3.66 m
Garage:
None
Possession Details:
30-60 days
HST Applicable To Sale Price:
In Addition To
Type Taxes:
TMI
Taxes:
$21 /
2026
Assessment:
$- /
-
Toronto
Toronto C01
Kensington-Chinatown
Partial
hot water tank (rental): $160/month. Insecticide: $100/month. Garbage box: $400/month
All existing newly restaurant equipment freezer and cooler, booth chairs and tables. equipment list will be provided with offer
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