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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$148,000
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
A rolling 79 acres of land with breathtaking ocean views, just minutes from the Canso Causeway and the Town of Port Hawkesbury! Originally known as a part of the Laidlaw Farmstead, this family-owned property was used as a farm in the 50s and 60s. With access off Route 19, you can still use the original driveway that accessed the homestead. It is easy to envision the views from your future home on this property. Situated on the famous Ceilidh Trail, as well as the Celtic Shores Coastal Trail, this area is sought after by visitors and locals alike. With schools, hospital, recreation and shopping centres, restaurants and more nearby, this property is well situated. Under an hour to the World-Famous Cabot Links and Cabot Cliffs golf courses, as well as only 40 minutes to Dundee Golf Resort, the list of amenities and attractions goes on. A dug well exists on the property near where the the original home stood. Free of restrictive covenants, and with utilities readily available, these lands offer unique opportunity to its future owner. The Straight Area is about to see some significant growth through several exciting renewable energy and industrial projects so now is the time to become a part of this area of Cape Breton! (id:39198)
Location
Province
Nova Scotia
City
Troy
Address
No 19 Highway
Postal Code
B0E1X0
Location Highlights
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Listed by
Engel & Volkers Nova Scotia 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
0
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
$148,000
Asking Price
$148,000
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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