BAKERY - RESTAURANT FOR SALE - Carve Real Estate
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FOR SALE 1060 GERRARD ST E, TORONTO $158,000 BAKERY - RESTAURANT $5,725 gross rent Modern and cool bakery and restaurant located on the north side of Gerrard on the 1,900 Sq Ft “Gerrones” strip. Bright and recently renovated, this 1,900 sq ft unit is perfect for just about any cafe, small restaurant, or quick-service restaurant (QSR), including franchises. Bakery & Restaurant Seating for 30 with a large back area. This is currently a very popular and successful allergy-free bakery & restaurant that no longer requires the space. Opportunity knocks! Great lease rate currently paying $5,725 gross rent including TMI, with 2 + 5 years READY FOR SECONDS? Call me to discuss this listing today. remaining. The front of house cafe area and the back kitchen both have of top of the line equipment that is included in the sale. Ideal for many concepts. RYAN EARL, Broker and Founder RE/MAX Ultimate Realty Inc., Brokerage 416-618-0054 | ryan@carverealestate.com 836 Dundas St W, Toronto, ON M6J 1V5 carverealestate.com This document is not meant to solicit existing listings. (12.2002). 1
RYAN EARL, Broker and Founder RE/MAX Ultimate Realty Inc., Brokerage 416-618-0054 | ryan@carverealestate.com 836 Dundas St W, Toronto, ON M6J 1V5 carverealestate.com This document is not meant to solicit existing listings. (12.2002). 2
OTHER CAFES: AROMA ESPRESSO BAR • Aroma Espresso Bar with patio • 2,150 sq ft • $8,849 gross rent • Bloor St location and low rent SECOND CUP • Second Cup franchise 30 seats • 1,800 sq ft • Strong lease of $12,560 • High increasing sales AZIZA CAFE • Cool cafe in Little Italy • 810 sq ft • Great lease of $3,805 gross • Tons of term and private patio RYAN EARL, Broker and Founder RE/MAX Ultimate Realty Inc., Brokerage 416-618-0054 | ryan@carverealestate.com 836 Dundas St W, Toronto, ON M6J 1V5 carverealestate.com This document is not meant to solicit existing listings. (12.2002). 3
RYAN EARL, Broker and Founder RE/MAX Ultimate Realty Inc., Brokerage 416-618-0054 | ryan@carverealestate.com 836 Dundas St W, Toronto, ON M6J 1V5 carverealestate.com This document is not meant to solicit existing listings. (12.2002). 4
BUILDING DETAILS LOT SIZE This building is on a very popular stretch of Gerrard, that is effectively home to the coolest bars, restaurants, and cafes in the area. You have to go up to the Frontage: Danforth or down to Queen East in order to find a collection of great businesses 18.34 ft along Gerrard Street E like this. Depth: Situated on the north side of Gerrard, this bright unit gets a ton of sun and has Approximately 110 ft excellent signage. Raw Measurements: Property Details: Recently renovated by the current tenant, this unit is in out- 17.42 ft x 110.16 ft x 17.76 ft x standing condition and features 3 phase power, separate meters, and a dry and 110.17 ft useable basement with excellent leaseholds. Total Area: The back kitchen area has a walk-in cooler, full dish area, and much more. All 1,937.50 ft² (0.044 ac) leaseholds and equipment are top of the line and in outstanding condition. RYAN EARL, Broker and Founder RE/MAX Ultimate Realty Inc., Brokerage 416-618-0054 | ryan@carverealestate.com 836 Dundas St W, Toronto, ON M6J 1V5 carverealestate.com This document is not meant to solicit existing listings. (12.2002). 5
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