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BrokerStudio
Suite of tools & services
Benefits
Monthly Rate
$2,500
Lease Rate
N/A
Space Size
N/A
Year Built
N/A
Premise Summary
FOR LEASE!! SHORT-TERM SPACE AT THE CASABLANCA HOTEL IN GRIMSBY-ON-THE-LAKE!! Many different uses permitted including office, retail or services. Prime short-term lease opportunity located in the lower level of the Casablanca Hotel in Grimsby-on-the-Lake. Previously a spa, this 1850 sq. ft. space provides the ideal environment for many different uses. Fantastic welcoming lobby along with 8 offices or treatment rooms, 2 full bathrooms and plenty of storage. Enjoy working in this beautiful lakefront community with quick QEW access. 1 year lease available with potential for time extension if needed. (id:39198)
Location
Province
Ontario
City
Grimsby
Address
4 Windward Drive
Postal Code
L3M4E8
Location Highlights
N/A
Listed by
Your Home Sold Guaranteed Realty Elite Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Space Size
N/A
Available Space
N/A
Building Size
1,850
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Monthly Rate
$2,500
Asking Price
$2,500
Rate/yr
N/A
Floor of Lease
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,850
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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