392 MAIN N Street UNIT 1, Wellington North, ON N0G 2L0 (SLIGO RD)

Price : $149,000.00 , MLS®# : X12777194

Description

FOR SALE - Mount Forest Tandoori Grill. Well-established Indian restaurant with a strong local reputation and an excellent 4.6? Google rating. Successfully operating with steady sales, repeat clientele, and consistent walk-in traffic. Fully equipped commercial kitchen and tastefully designed dining area. Turnkey operation with trained staff in place. Prime location offering great visibility and accessibility. Ideal opportunity for an owner-operator or investor looking to acquire a proven business with growth potential. Lease terms: Started June 1st'2025- May 31st'2030; Two more period of five years lease available. Minimum Monthly Rental Amount: Year 1 2025 was-$1,940.00; Year 2 -$ 1,988.50 ; Year 3-$2,038.62; Year 4 -$2,089.54; Year 5-$2,141.28 ,TMI Additional monthly Rent-$472.88 subject to adjust each year.

Location Description

SLIGO RD

Property Details
  • Community: Mount Forest
  • Property Type: Tenant/Commercial
  • Garages: None
  • Annual Property Taxes : $ 0
Building Features
  • Parking Type : None
Building Features
  • Heating : Gas Forced Air Open
Land (Lot Features)
  • Frontage: 209.23 sq.ft
  • Land Depth: 0sq.ft

Listing Contracted With: LUXE HOME TOWN REALTY INC.