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$ 199,900
Est. payment /mo
New
Sherwood Park, AB
473 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 473 sqft
Price per Sqft $422
MLS Listing ID A2332341
Property Sub-Type Business
Property Description
A rare opportunity is available to acquire an existing restaurant location in a well-established Greater Edmonton area market with an attractive monthly rent structure. This location may be ideal for an owner operator,expanding restaurant group,or buyer seeking a lower overhead entry point into an existing food service space.
The premises are already set up for restaurant use,offering a buyer the potential to reduce the time and expense normally associated with developing a new location. The space could suit a variety of quick service or fast casual food concepts,depending on the buyer's business plan,operational requirements,and landlord approval.
A purchaser may have the option to continue with the current concept,subject to the required approvals and agreements,or use the existing infrastructure as a foundation for their own restaurant model. Any change to the business concept,use,assignment,or tenancy would require landlord approval,along with all applicable licensing and regulatory approvals.
The premises are already set up for restaurant use,offering a buyer the potential to reduce the time and expense normally associated with developing a new location. The space could suit a variety of quick service or fast casual food concepts,depending on the buyer's business plan,operational requirements,and landlord approval.
A purchaser may have the option to continue with the current concept,subject to the required approvals and agreements,or use the existing infrastructure as a foundation for their own restaurant model. Any change to the business concept,use,assignment,or tenancy would require landlord approval,along with all applicable licensing and regulatory approvals.
Location
Province AB
County 0302
Interior
Inclusions To be mutually agreed to at the time of sale, and attached to the Offer to Purchase as a Schedule “B”
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions Landlord Approval,Lease Restriction
Listed by CIR Realty