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1503 Pitt Street Cornwall, Ontario K6J 3T9

$649,900

Well established family run restaurant offering take out and dine in. Potential for increased revenues by extending hours of operation and running 7 days a week. Current owner shuts down between 6 to 8 weeks a year. Currently no liquor license which would also increase income. All equipment is included.If bought with building there is additional revenue from upper two bedroom apartment (estimated $16,200 annually) or could be used by new owner. Was formally licensed for 60-70 people and currently seating is supplied for 28 people. Included in chattels are items used for a former catering business which could also provide additional income. Operating expenses for restaurant include salaries for 3 family members and rent for restaurant ($2800 per month) paid to building owner. Business can be sold separately and owner will provide a 5 year lease but restaurant business must be sold before building. (id:43934)

Business

Business Type Restaurant
Business Sub Type Restaurant
Name Bangkok

Property Details

MLS® Number 1363238
Property Type Business
Neigbourhood North End
Parking Space Total 12

Building

Land

Acreage No
Size Depth 139 Ft ,6 In
Size Frontage 50 Ft
Size Irregular 50 Ft X 139.5 Ft (irregular Lot)
Size Total Text 50 Ft X 139.5 Ft (irregular Lot)
Zoning Description Mixed Use Commercial

https://www.realtor.ca/real-estate/26142779/1503-pitt-street-cornwall-north-end

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