95 KING STREET W, Cobourg

About this property

Exceptional opportunity! Seasoned restaurateurs & entrepreneurs will not want to miss this! Bring yourtalent & vision to this coveted Main Street location, just steps to Cobourg Beach, Marina & Yacht Club. Approx. 1,900 sq. ft. Restaurant & Bar w/ Patio. Seating/licensing for 80 patrons. Owner offering an attractive $3,500/m Base Rent. Recently updated. Full commercial Hood, newer Fire Suppression system, full Bar, indoor Dining, outdoor Patio with railings, supply/storage room, Basement Storage, 2 Bathrooms,4 rear Parking spaces. Free public & 3-hour street parking is available nearby. A well-known space with proven success previously operating for 25 years as a popular Schnitzel restaurant before being transformed approximately 6 years ago into a lively Scottish Pub featuring casual food, busy nights &occasional live music. The current owner is moving on for personal reasons, creating a rare opportunity fora new proprietor to continue the existing concept or bring a new idea. Liquor license transferable, subject to OLG approval. Restaurant chattels/equipment may also be available for purchase or lease separately, including SS kitchen equipment, prep tables, fridges/freezers, small wares, bar/kitchen equipment, tables ,chairs, POS system. Surrounded by boutiques, spas, professional services, residences & major tourist attractions including the Victoria Concert Hall & Art Gallery. VIA Rail station 1 block for commuting. Cobourg is a vibrant beachside destination town approx. 100 km from Toronto. This is a prime, highly walkable restaurant location with excellent potential for profitability. Turnkey & ready for someone to open for business. Base Rent: $3,500/month + TMI: $1,098.69/month (Taxes $641.58 + Building Insurance $457.11) + HST Includes hood/fire suppression, bar, patio railings. Other Chattels may bepurchased or rented. List available. Base Rent: $3,500/month + TMI:$1,098.69/month (Taxes $641.58 + Building Insurance $457.11) + HST (id:66939)