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Retail Space For Rent at 43 KING ST E in Clarington, Ontario

New
4 Sale ID #229820
Updated 07 May 2024

Monthly Rate

$2,400

Lease Rate

N/A

Space Size

N/A

Year Built

N/A

Premise Summary

Fantastic Opportunity To Lease Right On The Main Strip In Historic Downtown Bowmanville. This Location Will Catch The Attention Of Thousands Of Consumers Daily And Is Right In The Middle Of All The Action For The Communities Many Downtown Events. This Space Offers A 2 Piece Washroom, A Back Room Perfect For Storage Or A Private Office And Two Large Windows On Either Side Of The Front Door Allowing In Lots Of Natural Light. There Is One Surface Level Parking Spot Available At The Back Of The Building & Ample Storage Available In The Basement As Well. Updated Electric Heating & A/C, Newer Laminate Floors And Another Bonus Room Currently Being Used As A Change Room. Please Do Not Approach Or Enter Current Business For A Viewing Or Information. Seeking Long Term Tenant. Proof Of Income, Credit Score & Report With Equifax & References Will Be Required. Copy Of ID Required Prior To All Viewings. **** EXTRAS **** Hydro In Addition To Monthly Lease. Monthly Lease Is + HST. Landlord Pays For Water & Snow Removal In Parking Lot. Tenant To Clear Snow At Front Of The Building. (id:39198)

  • MLS® : #E8268212
  • Date Listed : 24 Apr 2024

Location

Province

Ontario

City

Clarington

Address

43 King St E

Postal Code

L1C1N2

Location Highlights

N/A

Listed by

RE/MAX IMPACT REALTY Ontario listing

Category

retail-space

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Space Size

N/A

Available Space

N/A

Building Size

900

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 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

Monthly Rate

$2,400

Asking Price

$2,400

Rate/yr

N/A

Floor of Lease

N/A

Gross Revenue- annual

N/A

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)

900

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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