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Michael Tzakas

Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage Independently owned and operated. 685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6 Cell: 416-561-3911Office: 416-494-7653

$3,500
Available - For Rent
Listing ID: X13763048
95 King Street West , Cobourg, K9A 2M4, Northumberland


Exceptional opportunity! Seasoned restaurateurs & entrepreneurs will not want to miss this! Bring yourtalent & vision to this coveted Main Street location, just steps to Cobourg Beach, Marina & Yacht Club. Approx. 1,900 sq. ft. Restaurant & Bar w/ Patio. Seating/licensing for 80 patrons. Owner offering an attractive $3,500/m Base Rent. Recently updated. Full commercial Hood, newer Fire Suppression system, full Bar, indoor Dining, outdoor Patio with railings, supply/storage room, Basement Storage, 2 Bathrooms,4 rear Parking spaces. Free public & 3-hour street parking is available nearby. A well-known space with proven success previously operating for 25 years as a popular Schnitzel restaurant before being transformed approximately 6 years ago into a lively Scottish Pub featuring casual food, busy nights &occasional live music. The current owner is moving on for personal reasons, creating a rare opportunity fora new proprietor to continue the existing concept or bring a new idea. Liquor license transferable, subject to OLG approval. Restaurant chattels/equipment may also be available for purchase or lease separately, including SS kitchen equipment, prep tables, fridges/freezers, small wares, bar/kitchen equipment, tables ,chairs, POS system. Surrounded by boutiques, spas, professional services, residences & major tourist attractions including the Victoria Concert Hall & Art Gallery. VIA Rail station 1 block for commuting. Cobourg is a vibrant beachside destination town approx. 100 km from Toronto. This is a prime, highly walkable restaurant location with excellent potential for profitability. Turnkey & ready for someone to open for business. Base Rent: $3,500/month + TMI: $1,098.69/month (Taxes $641.58 + Building Insurance $457.11) + HST Includes hood/fire suppression, bar, patio railings. Other Chattels may bepurchased or rented. List available. Base Rent: $3,500/month + TMI:$1,098.69/month (Taxes $641.58 + Building Insurance $457.11) + HST
Price $3,500
Minimum Rental Term: 36
Taxes: $7698.96
Tax Type: Annual
Assessment Year: 2025
Occupancy: Vacant
Address: 95 King Street West , Cobourg, K9A 2M4, Northumberland
Postal Code: K9A 2M4
Province/State: Northumberland
Directions/Cross Streets: Division St and Spring St
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Service
Use: Other
Building Percentage: T
Total Area: 1900.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Sprinklers: Part
Washrooms: 3
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Century 21 United Realty Inc.
Personal Picture
Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
 
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At a Glance:
Type: Com - Commercial Retail
Area: Northumberland
Municipality: Cobourg
Neighbourhood: Cobourg
Style:
Lot Size: x 165.07(Feet)
Approximate Age:
Tax: $7,698.96
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map: