1624 Rue Ste Catherine O., Montréal (Ville-Marie), QC H3H2S7 $349,000

Dining room

Bar

Dining room

Frontage

MLS: 16048991

2100 PC

Description

Rare opportunity to purchase this fully equipped restaurant inclusive of all kitchen equipment and furnishings, fully turnkey! Located in the heart of downtown Montreal on the main artery of Sainte-Catherine Street in Le Faubourg . The restaurant features 2100 square feet of space with an additional 720 square feet of off site storage. Lease renewed for a balance of 5 years (with another 5 year option) at very competitive rates. Available now.

CURRENT RENT | LOYER ACTUEL :
* Monthly base rent | Loyer de base mensuel : $13,125 ($75
/ sq.ft.)
**2nd option to renew the base rent shall be at fair market
rate
* Storage unit | Pièce de stockage : $1,065 / month ($17.76
/ sq.ft.)
**Shall be increased annually by the greater of the
escalation payable by the Tenant for the Operating
Expenses or for the Taxes for the premises, the whole on a
cumulative basis.
* CAM monthly | CAM mensuel (2023) : $3,464 ($19.79 /
sq.ft.)
* Gross rent | Loyer brut : $17,654 + GST/QST + utilities

Inclusions: All equipments and furniture in the restaurant

Exclusions : As per lease.

BUILDING
Type	Business sale
Style
Dimensions	0x0
Lot Size	0

EXPENSES
N/A

ROOM DETAILS
Room	Dimensions	Level	Flooring
N/A

CHARACTERISTICS
Water supply	Municipality
Sewage system	Municipal sewer
Zoning	Commercial
Kind of commerce	Restaurant