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424 Preston Street Ottawa, Ontario K1S 4N2

1300 sqft
Forced Air

$4,200 Monthly

INCREDIBLE OPPORTUNITY TO TAKE OVER A STUNNING AND FULLY EQUIPPED RESTAURANT IN THE HIGHLY SOUGHT AFTER - HEART OF LITTLE ITALY! This space is offered as a 2.5-year sublease or with the option to negotiate a new long-term lease, this 1,300 sq. ft. space features a functional and fully equipped kitchen, seating for approx. 35 guests, a large and trendy fully stocked bar, 2 large washrooms, an additional prep and storage space in the basement, and separate back entrance to 3-car parking. Located on tourist-friendly Preston Street, surrounded by plenty of established restaurants, and retail, government offices and residential towers; this location provides excellent exposure and steady foot traffic. Triple-net rent is $4,200/month plus HST, with additional rent of approximately $900/month plus HST. All potential tenants must purchase the restaurant assets for $75,000 and provide proof of restaurant experience and financial capability. See Attached Feature Sheet for All Assets Included in Purchase Price. This property can also be offered as a sale of business. (id:37072)

Property Details

MLS® Number X12474426
Property Type Retail
Neigbourhood Little Italy
Community Name 4502 - West Centre Town
FarmType Other

Building

HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 1300 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 100 Ft
SizeFrontage 25 Ft
SizeIrregular Unit=25 X 100 Ft
SizeTotalText Unit=25 X 100 Ft
ZoningDescription Commercial

https://www.realtor.ca/real-estate/29015603/424-preston-street-ottawa-4502-west-centre-town

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Megan Stagg
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