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Stuart McKerrow pic stuart.mckerrow@gmail.com Sutton Group - Associates Realty Inc., Brokerage Independently owned and operated. pic 358 Davenport Road, Toronto, Ontario M5R 1K6 pic Office: 416-966-0300 | Fax: 416-966-0080 | Cell: 416-856-6810

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$39,900
Available - For Sale
Listing ID: X12635228
RARE OPPORTUNITY to own a two-level, fully turn-key restaurant/bar in the heart of the ByWard Market! Offered as an Asset Purchase - Sale of Business, this beautifully designed and fully equipped restaurant on Clarence Street is ready for immediate takeover. Features include a functional commercial kitchen/prep area, existing bar and bar seating (approx. 20 seats total Interior), full bathroom, extra storage , existing liquor license, right-of-way outdoor café patio in Warmer Months (approx. 8 seats Exterior). Heat for Unit, Water/Sewer, and garbage removal are included in the Additional Rent, with snow removal handled by the landlord. Hydro, Gas for Appliances Only, and Insurance are payable by Tenant. Asset purchase price is $39,900 + HST. Seller is open to financing - Discuss with Listing Agent. New buyer/tenant may assume or negotiate a new lease. Total rent is $6,255 + HST per month; Includes: Base Rent of $3,400 + HST, Additional Rent of $2,505 + HST, Property Taxes & Rental Storage (Rent is Negotiable with Long Term Lease and Storage Rent is Optional). Located in a high-exposure pedestrian zone with strong year-round traffic, this space suits multiple concepts and offers tremendous potential for an operator seeking a prime Market location. Showings available any day before 3 PM with 1-hour notice; seller must confirm concept.
Price $39,900
Taxes: $636.19
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Owner
Address: 105 Clarence Street , Lower Town - Sandy Hill, K1N 5P5, Ottawa
Postal Code: K1N 5P5
Province/State: Ottawa
Directions/Cross Streets: Sussex Right on Clarence.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: With Property
Use: Restaurant
Building Percentage: F
Total Area: 0
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 5 pm -
Employees #: 3
Seats: 13
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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EXP REALTY

105 Clarence Street , Lower Town - Sandy Hill, K1N 5P5, Ottawa

Personal Picture
Stuart McKerrow
Sales Representative
Dir:
416-856-6810
Bus:
416-966-0300
Fax:
416-966-0080

 
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At a Glance:
Type: Com - Sale Of Business
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4001 - Lower Town/Byward Market
Style:
Lot Size: x 102.83(Feet)
Approximate Age:
Tax: $636.19
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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