Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

727 Churchill Avenue Ottawa, Ontario K1Z 5G7

Fully Air Conditioned Forced Air

$179,000

Turnkey Restaurant & Food Business Opportunity in Ottawa's Westboro Area! Excellent asset sale opportunity at 727 Churchill Ave N, ideal for an experienced operator, new restaurant concept, franchise or food business. The kitchen was renovated in 2021 and features a full-size commercial hood and walk-in refrigerator. The premises currently offer approx. 24 interior seats, patio seating and a liquor license, with 6 parking spaces associated with the building. Buyer to verify parking availability/rights, patio use and licensing requirements. The finished basement adds valuable operational space and is currently used for food preparation, with 2 coolers, a sink and additional prep space**. The front of the premises may be customized to suit a new brand or concept, subject to landlord and applicable approvals.**Kitchen equipment and furnishings are included in the asset sale**, providing an opportunity to take over existing restaurant infrastructure rather than starting with an unfinished commercial space. Competitive rent, with lease terms and occupancy costs to be verified by the Buyer. Located in the Westboro/Churchill area, surrounded by established residential and commercial uses, with additional development occurring and proposed in the broader area. Potential for various restaurant, takeout, catering, food service or franchise concepts, subject to lease, landlord consent, zoning, licensing and applicable approvals. BUILDING IS NOT FOR SALE - ASSET SALE ONLY. Buyer and Buyer's representative to conduct their own due diligence regarding lease/assignment, permitted use, approvals, licenses, parking/patio rights, equipment, utilities, occupancy costs and suitability for intended use. (id:67947)

Business

Business Type Restaurant
Business Sub Type Restaurant/pub

Property Details

MLS® Number X13705082
Property Type Business
Neigbourhood Laurentian View
Community Name 5003 - Westboro/Hampton Park
Amenities Near By Highway, Public Transit

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Utility Water Municipal Water

Parking

Other

Land

Acreage No
Land Amenities Highway, Public Transit
Size Depth 99 Ft
Size Frontage 49 Ft
Size Irregular Unit=49 X 99 Ft
Size Total Text Unit=49 X 99 Ft
Zoning Description Am10

https://www.realtor.ca/real-estate/30188747/727-churchill-avenue-ottawa-5003-westborohampton-park

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Ramandeep Kapoor, Right At Home Realty · Sandeep Singh, Right At Home Realty

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.