Sites & Buildings - Retail, For Sale

3- RESTAURANT - Sapperton Retail Strip

3- RESTAURANT 418 E Columbia St New Westminster Lower Mainland/Southwest Greater Vancouver Retail $120,000 2,000 SF
 

This restaurant space FOR SALE includes all improvements and equipment (not the real estate). Over $250,000 spent on equipment and improvements and everything in like-new condition. This is a beautiful high growth neighbourhood with many young families moving to the area for affordability. The area has recently attracted many young urban professionals as it is serviced by two sky train stations. The business on the street are thriving and supported by the employment base of the Royal Columbian Hospital and Translink head office as well as many family visitors to patients of the hospital. The neighbouhood has many old school traditional and ethnic businesses, and for the new kid in the block provides an opportunity to print money as so many milleniums have moved to the area. Previous tenant had to quit business due to health issues. Landlord took over with partner to build out a full restaurant to enhance the cafe, however partner had to leave the country. Landlord now looking to sell the assets to recoup some costs. Reasonable lease terms of $5,500 gross lease will be granted. Equipment list includes; Over $72,000 spent on cafe equipment including gelato and expresso, plus over $50,000 installation costs. Over $50,000 spent on exhaust intake an outtake in kitchen area Over $100,000 spent on plumbing, electrical, drywall, beautiful flooring, three bathrooms including one handicap bathroom. Seating and tables included. The kitchen area is ready for your equipment with roughed in plumbing and gas, and fully functional ventilation. Bring your tasty menu ideas, and create a dining experience at this most desirable location. Photos: http://commercialrealestate.francinetracey.com/mylistings.html/details-67311228

 
 
 
 
View the Full Listing Details on Spacelist

About Sapperton Retail Strip

Retail strip in growing Sapperton neighbourhood proximal to Royal Columbian Hospital and The Brewery District


10,000 SF
 
 
 
 
 

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Community Profile: New Westminster

Lower Mainland/Southwest
Greater Vancouver

Central Located at the centre of the Lower Mainland, New Westminster is ideally situated just 30 minutes from downtown Vancouver, YVR, and the US border. With five SkyTrain stations located within its 15km², New Westminster is conveniently accessible while port facilities along the Fraser River, rail access and quick connections to all major highways make it an ideal city for

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