Retail for sale
11 High St, Ladysmith
$2,250,000
Features
Year Built
1904
Lot Size
7,225 sqft
Gross Property Tax
$16,446.85 /year
Zoning
C-2
View
Ocean
Additional Features
Central Location, Easy Access, Serviced, Shopping Nearby, Sidewalk
Description
The opportunity to purchase a turnkey restaurant/pub property with 2nd floor residential at 11 High Street in the growing Town of Ladysmith. Within walking proximity to transit amenities, the downtown core and the waterfront, this property is ideally situated. Currently owner-occupied and operated as the popular Fox and Hounds pub and restaurant, the property also includes a large +/-1,500 sqft (3 bed/2 bath) oceanview 2nd floor apartment with the potential of adding one or more oceanview apartment units. Approx $900,000 spent in 2014 on renovations and kitchen equipment which are all included. Liquor Primary license also included. Seating capacity is 89 in the main restaurant; 32 in the Function Suite and 25 on the courtyard patio. Free street parking out front. Tours only with listing agent from 8am-11am
MLS® Number 1011742