$48,888 · Well Established Chinese / Western Restaurant for Lease

I have , for a Long Term Lease , a 2 Bay , 2,475 sq.ft. , Chinese / Western Restaurant with 88 Seat Licensed Dine-In with Pick Up & Delivery options for added income This Well Established Restaurant has been in the same Stripmall Location for the past 46 Years , ever since the Stripmall was built in 1973 . The current Tenants have operated it for the past 10 years and are now retiring This is a 5 Year Lease from , 1st December 2019 to 30th November 2024 - ( with 3 further Renewal Options for a total of 20 years ) at a very reasonable rent of $3,500 per month , Gross ( $15 + per sq.ft. ) for the first year , after rental incentive . The Landlord pays the Property Taxes and the Common Area Costs . You only pay for your Utilities . You may change the concept to a different type of Cuisine . There are a lot of possibilities for the 2nd Bay , which is currently under utilized . This Bay , which is approximately 900 sq.ft , has its own Entrance , its own Washrooms and has direct access to the Main Kitchen and the Main Restaurant . It could be turned into a soon to be legalized Edible Cannabis Restaurant , a Sports Bar with VLTs , a Coffee and Donut Cafe , a Karaoke Bar , a Pizza and Donair Store , a Grocery / Convenience Store , a Bakery / Cup Cake Cafe etc . .... these are some of the endless possibilities recommended to complement the Main Restaurant . The Neighborhood lacks all of the above recommended stores Asking only $48,888 . If you ever wanted to own your own Restaurant , this could be it The Landlord requires that the new Tenants have some Restaurant Experience and excellent Financials and References Please reply with your Full Name , Phone Contact and Previous Experience for more information Please do not approach the Staff or Manager . Thank You Please view my other ads for great deals