Business for sale

1150 Kingsway, Knight, Vancouver

$399,000 or
$399,000 or

Business for sale

1150 Kingsway, Knight, Vancouver

Features

Lifestyle
224956548 399000 /en/business~for-sale~knight-vancouver/224956548?view=Summary /en/business~for-sale~knight-vancouver/224956548/photos 49.2524200000 -123.0810400000 true
Floor Area
1,700 sqft
Total Space Avail. For Lease (Rent)
2700 sqft
Amenities
Cooler(s), Flr Drain(s)/Grse Trap(s), Storefront, Washrooms Female/Male
Major Business Type
Food & Beverage
Minor Business Type
FB - Restaurant
Business Name "doing business as"
Dosa World Indian Restaurant
96

Description

A turnkey Indian Dosa Restaurant business located at the Prime location on the south side of Kingsway in Highly visible and busy corridor of Kingsway. Ample space with parking at the rear. A fully finished restaurant for sale with all the essentials ready for a turn key operation. Details Great lease rate at $3100 for base rent. $1300 additional rent which covers property taxes, insurance and utility bills. Size: 1700 sf restaurant. About 1000 sf for storage, running catering business, office and employee rooms. Upstairs include 4 bedroom 1.5 baths home A large 1500 sf suite is also included in the price to rent for only $1500 a month. The advantage is to rent the upstairs out room for room to maximize rental revenue to pay for the restaurant lease. This will cut costs. Four year lease term with three years renewable option. Lease rate is about $13.78/Sf. Call for details!!
MLS® Number C8051479

Listing REALTOR®

Harry Thandi, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Harry Thandi

REALTOR®, Personal Real Estate Corporation

Sutton Group-Alliance R.E.S.

Sutton Group-Alliance R.E.S.,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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