Prime location, exceptionally low rent and an established residential customer base! An excellent restaurant business opportunity in Prince William-Way Mews plaza, diagonally across from Maple Ridge Secondary School in southeast Barrie. Surrounded by extensive newer residential communities, including detached homes, townhomes and condominium buildings, with Metro, banks and everyday amenities nearby. The busy neighbourhood plaza benefits from regular foot traffic, school activity and a substantial surrounding population, providing a strong customer catchment for takeout and neighbourhood dining. After seven years of ownership, the owner is retiring and offering the business for sale. Exceptionally low rent includes water and waste disposal charges, helping keep occupancy costs manageable. *** The existing lease has no personal guarantee-an especially attractive feature for prospective buyers. *** Attractive 3+5 lease structure, with lease assignment and terms for the incoming buyer subject to landlord approval. *** The full-size commercial kitchen features a 15-foot exhaust hood system, *** walk-in cooler, walk-in freezer and generous preparation space. A compelling opportunity for an owner-operator seeking an established location, practical kitchen infrastructure and low rent in a well-populated community.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1154 sq. ft. Square Feet
Total Area:
1,154 sq. ft.107 m2
Retail Area:
0 sq. ft. %
Lot Depth:
0'0 m
Lot Frontage:
0'0 m
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
C5
Heating type:
Gas Hot Water
Garage:
None
Possession Details:
Per agreement
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
TMI
Taxes:
$9 /
2026
Assessment:
$- /
2025
Simcoe
Barrie
Innis-Shore
Yes
Hot water tank
15' Exhaust Hood system with springlers, Walkin Cooler, two large woks, two small woks, deep flyer, & others per Chattels list.
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