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$599,000
Available - For Sale
Listing ID: N10428297
BUSINESS FOR SALE - Well Known Richmond Court Chinese Restaurant In Times Sq Richmond Hill. OWNER RETIRES After Over 30 Years Being The Sole Owner/An Anchor Leading Role In The Restaurant Industry. 6 Combined Units Of 6,132 Sf On Main Floor + 2,955 Sf In Basement. Unit #: 6, 8, 27, 28, 29, 30. Newly Renovated With $$ Leasehold Improvement. Over 200 Guests Capacity . Full Scale Of Commercial/Industrial Kitchen 600 Volts/400Amp With BBQ Stove/Oven, Exhaust Fans, Walk In Deep Freezers., Main Floor Guest Washrooms., Loading Door Directly From Underground Garage ...Etc Etc !! FIRST TIME ON MARKET FOR SALE, DONT MISS THIS OPPORTUNITY !
Mortgage:   Clear As Per Seller!
Extras:   LLBO, LED Display Screen, 40'Exh Fan, 5 W/I Freezers.Glass Display Cabinets, Indoor/Outdoor Exits & Entrances.***Ample Parking On Surface & Underground*** NEW LEASE WILL BE PROVIDED.*** $38/Sf Net On Main Floor & $22/Sf Net In Basement.***
Price $599,000
Minimum Rental Term: 36
Maximum Rental Term: 60
Taxes: $47,599.52
Tax Type: Annual
Occupancy by: Owner
Address: 550 Highway 7 Way East , Unit 6, Richmond Hill, L4B 3Z4, Ontario
Apt/Unit: 6
Postal Code: L4B 3Z4
Province/State: Ontario
Legal Description: Unit #: 6, 8, 27, 28, 29, 30
Directions/Cross Streets: Leslie/Hwy 7 E
Zoning: Restaurant
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 9,087
Total Area Code:  Sq Ft
Retail Area: 6132
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Business/Building Name: Richmond Court Restaurant
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 9-11pm
Employees #: 10
Seats: 200
LLBO: Y
Year Expenses: 2024
Expenses Actual/Estimated: $Est
Outside Storage: N
Crane: N
Clear Height Feet: 11
Volts: 600
Grade Level Shipping Doors #: 1
Height Feet: 8
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: Public
Sewers: San+Storm Avail
Water: Municipal
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RE/MAX REALTRON REALTY INC.

550 Highway 7 Way East , Unit 6, Richmond Hill, L4B 3Z4, Ontario

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

 
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Type: Com - Sale Of Business
Area: York
Municipality: Richmond Hill
Neighbourhood: Beaver Creek Business Park
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Tax: $47,599.52
Maintenance Fee: $0
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Baths: 5
Garage: 0
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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