Description

Incredible opportunity to purchase a turnkey bakery/cafe at the corner of Adelaide St E and Church St. All glass facade. Almost $400K in revenue in 2023. 17 months left on current lease with the opportunity to renew with property management. Located on the ground floor of 14-storey class 1 commercial building offering unbelievable access to a large customer base. There is direct entry into the cafe from the building lobby, in addition to the well exposed, main street entrance on Adelaide with patio. Current tenant has had such success, they are expanding into a large location, The fully outfitted space means less time and money spent on cleaning, maintaining, and inspecting systems. Great access to transit, Financial core office buildings, St Lawrence market and George Brown

Highlights

Option to purchase sale of business chattels and fixtures with the sub-lease.