$339,000
Available - For Sale
Listing ID: X9364266
298 Princess St , Kingston, K7L 1B5, Ontario


King of Kingston & one of the busiest, largest patios on Princess St! Bring your entrepreneurial spirit to this well established and well reviewed corner location in the absolute heart of downtown Kingston! Nearly 2,500 sq ft with roll up garage-style windows opening it up completely and full of student traffic. Includes 4 dedicated parking spots for management/staff/delivery. ONLY BEING SOLD AS A WORKS FRANCHISE LOCATION AND CAN'T BE CONVERTED.
Extras:   LLBO of 114 + patio. Current lease expiry July 2031 + 2 x 5 yr renewals (to 2041). Net rent $4,678.58 + TMI/CAM $2,2504.
Price $339,000
Taxes: $0.00
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 298 Princess St , Kingston, K7L 1B5, Ontario
Postal Code: K7L 1B5
Province/State: Ontario
Directions/Cross Streets: Clergy St E
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 2441.00
Total Area Code:  Sq Ft
Retail Area: 2441
Retail Area Code: Sq Ft
Area Influences: Public Transit   Rec Centre
Business/Building Name: The WORKS Craft Burgers & Beer
Financial Statement: Y
Chattels: Y
Franchise: Y
Days Open: 7
Hours Open: 11:30-9
Employees #: 8
Seats: 114
LLBO: Y
Sprinklers: Y
Washrooms: 4
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ULTIMATE REALTY INC.
Personal Picture
Simon Huang
Broker
Bus:
905-241-2222
Fax:
905-241-3333
 
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At a Glance:
Type: Com - Sale Of Business
Area: Frontenac
Municipality: Kingston
Neighbourhood:
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths: 4
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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