All photos · 15

Newmarket Industrial Park

1091 Gorham Street 101, Newmarket, ON L3Y 8X7

$349,900

Beds

n/a

Baths

n/a

Type

Commercial

About this home

The Lion Pub & Grill in Prime Newmarket Location. An exceptional opportunity to own The Lion Pub & Grill, a well established, fully licensed pub and restaurant located in one of Newmarket's high traffic commercial corridors. This long standing neighbourhood favourite is known for its welcoming atmosphere, loyal clientele, and strong food-and-beverage sales. Key Features: Fully turnkey operation with all equipment, chattels, and furnishings included, LLBO licensed with seating for 210 guests indoors plus an additional 75?seat patio, Attractive lease with favourable terms and options to renew, Consistent revenue supported by dine in, takeout, and events, High visibility location with excellent signage and ample parking, Well maintained kitchen with commercial grade equipment, walk in cooler, and efficient layout, Established brand with strong community presence and repeat customers and Opportunity for growth through live entertainment, and expanded marketing.

Heating

  • · Gas Forced Air Closed

Cooling

  • · Yes

What it could cost monthly

Estimated monthly

$1,602

Principal & interest, per month


Mortgage amount
$279,920
Down payment
$69,980
Total interest paid
$200,776

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing brokerage

RE/MAX COMMUNITY REALTY INC.

Each office independently owned and operated.