110 King Street, Hamilton, ON L8N 1A8

Hamilton L8N 1A8 Ontario

MLS: X12095752

$149,000

Added 4 days ago | For Sale

Listed by: RE/MAX SUCCESS REALTY

About Property

Own a Fully Equipped Turnkey Restaurant in Downtown Hamilton! (Asset Sale). This is a fantastic opportunity to acquire the assets of a thriving restaurant previously operating under the Mucho Burrito franchise. Located at a prime intersection in Downtown Hamilton (King St. E. & John St. S.), the space benefits from high pedestrian traffic and excellent street visibility. The 1,250 sq. ft. space seats 27 guests and features a commercial-grade kitchen, including a 6-foot hood and equipment purchased brand new in 2021, all of which is fully owned. The premises were completely renovated before occupancy, including extensive leasehold improvements and a security system with cameras for added protection. Enjoy a low monthly rent of $5,500, including TMI and HST, with a long-term lease available (7-year term + two 5-year extension options), offering security and business continuity. This is a perfect turnkey opportunity for entrepreneurs looking to open a new concept or launch their own brand in a fully built-out, high-traffic location, with no franchise fees or restrictions.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 42 X 30
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:King ST E and John St S
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $15525
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Other
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12095752

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