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Retail Property For Sale at 1812 SIMCOE COUNTY RD 27 in Bradford West Gwillimbury, Ontario

4 Sale ID #330495
Archived 18 Jan 2025

Asking Price

$1,470,000

Cap Rate help 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

Highway Turnkey Restaurant/residential property for sale .This exceptional highway income property offers 5,000 sq ft of space on a 150x150 foot lot, strategically located on Highway 27, close to rapidly growing areas of Schomberg, Bond Head, Bradford and Tottenham, with convenient access to Hwy 400 and Bradford. Zoned for both commercial and residential use, the property features a fully equipped restaurant, operated as the well-known 1812 Grill House. Over $500k in recent renovations, the restaurant includes a 135-seat indoor dining area, a 40-seat outdoor patio, and a large outdoor event space that accommodates 200 guests, The property also features 4 residential apartments with bathrooms with a separate entrance, ideal for staff accommodations or additional rental income. The property has a separate food stand separate from main restaurant the excellent opportunities for further business growth and additional income. This is a prime investment opportunity to own a turnkey restaurant, located in a thriving area with increasing traffic and development. **** EXTRAS **** The restaurant generates $40k-$50k monthly. There is also an option to lease the property. Brand new Roof (id:39198)

  • MLS® : #N9351157
  • Date Listed : 16 Sep 2024

Location

Province

Ontario

City

Bradford West Gwillimbury

Address

1812 Simcoe County Rd 27

Postal Code

L0G1T0

Location Highlights

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Listed by

KELLER WILLIAMS ADVANTAGE REALTY Ontario listing

Category

retail-properties

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

5,000

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$1,470,000

Asking Price

$1,470,000

Cap Rate help 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.

N/A

NOI help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

5,000

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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