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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Where the rugged cliffs of the shoreline meet the majestic Atlantic Ocean. Where the golden rays of sun beam through the Evergreens & dance along the misted tips of grass glistening from the morning dew. From sunrise to sunset, everything you see is picturesque. Hear the waves crash along the coastline while the sea birds fly overhead; sip your favorite beverage & breathe in the fresh salty air. From these 7 acres of land, this is your scenery; this is your serenity, every day. Located in the scenic & quaint town of Pouch Cove, dating back to 1611, it is well known for its exceptional beauty & rustic charm, its impressive hiking trails & coveted berry-picking grounds, its renowned artist residency & rural setting. This captivating community is home to just over 2000 people & only 27 kilometers North of St. John’s. The Town's motto is "First To See The Sun" & it does not disappoint! Here you will find this rare opportunity to build your home, or possibly a development of your preference as the possibilities are only limited by one’s imagination. And to imagine… awakening to the warm touch of the sun as it rises above the vast expanse of the ocean, painting both the sky & water a brilliant hue. The day greets you, & you, it. Outside, your 7 acres of land - stretching 600 feet along the stunning shoreline of the Atlantic ocean - your backyard, a place to explore, a place of beauty & of peace. Your lungs fill with the cool, salty breeze as you pick the sun-sweetened berries on your property & gaze out over the sea & surrounding landscape, listening to the birds sing & whales spray. From your doorstep you walk along the East Coast trail then retire home, for some rest & watch the sun set over the hillside, & as the moon rises, you watch & listen until you drift off to sleep to the lull the waves against the moonlit coastline, eager for another day. Just 25 minutes from St. John's, standing upon this vacant land, you realize this is where your imagination comes to life. (id:39198)
Location
Province
Newfoundland & Labrador
City
Pouch Cove
Address
1-11 Goldsworthy's Road
Postal Code
A0A3L0
Location Highlights
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Listed by
COLDWELL BANKER FIRST OTTAWA REALTY Newfoundland & Labrador listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
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Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$299,900
Asking Price
$299,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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