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$19.41
Available - For Sale
Listing ID: E12904828
Sublease opportunity for Your Next Turnkey Business Venture Awaits: Established Volleyball Facility (including 2 Indoor beach volleyball Courts) in Vibrant Toronto(SCARBOROUGH)! Unlock the potential of this well-established and highly respected volleyball business, strategically located in the heart of Toronto((SCARBOROUGH).This turnkey opportunity offers approximately 26,500 sq.ft of adaptable recreation space, featuring an impressive 22-foot clear height, ideal for a multitude of recreational or sporting endeavors. Currently configured with four professional volleyball courts & 2 Beach volleyball courts. This thriving business benefits from a dedicated client base and consistent year-over-year growth. The comprehensive sublease package includes: 4 volleyball courts,2 Beach Volleyball courts, 3private offices, a dedicated meeting room , a dance studio, party room ,4 convenient washrooms, and a welcoming reception area with its own entrance. The existing lease term is in place until August 31, 2028, and includes an additional 5-year renewal option. A new lease term may be negotiated with the landlord directly commencing August 2027. Qualified tenants may enter into a direct lease agreement with the landlord, All subleases require prior landlord consent & approval. The leasehold improvements and asset purchase price is $800,000. Highlights: Spacious & Versatile: ~26,500 sq.ft with 22' clear height. Built-in Clientele: Well-established volleyball business. Growth Potential: Demonstrates consistent year-over-year growth. Comprehensive Setup: Includes courts, offices, meeting room, dance studio, and multiple washrooms. Flexible Lease: The current term runs through August 31, 2028, with an option to extend for an additional five years. Qualified tenants may arrange a new lease directly with the landlord. Deposit: First, Last + Two Months Security. (Negotiable with Landlord)TMI and CAM charges are negotiable with the landlord. Utilities: Tenants pay
Price $19.41
Taxes: $0
Tax Type: TMI
Occupancy by: Tenant
Address: 480 Tapscott Road West , Toronto, M1B 1W3, Toronto
Postal Code: M1B 1W3
Province/State: Toronto
Legal Description: OTHER NON RES
Directions/Cross Streets: Finch Avenue East & Markham Road
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Recreational
Use: Sports/Entertainment
Building Percentage: F
Total Area: 26,000
Total Area Code:  Square Feet
Office/Appartment Area: 20
Office/Appartment Area Code: %
Office/Appartment Area Code: %
Retail Area Code: %
Financial Statement: F
Chattels: F
Franchise: F
Days Open: O
Employees #: 1
Seats: 150
Maintenance: 0
Sprinklers: Yes
Rail: N
Clear Height Feet: 22
Truck Level Shipping Doors #: 2
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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RE/MAX REALTRON REALTY INC.

480 Tapscott Road West , Toronto, M1B 1W3, Toronto

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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Type: Com - Investment
Area: Toronto
Municipality: Toronto E11
Neighbourhood: Malvern
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Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949