New Listing
101 - 1091 Gorham Street,Newmarket (Newmarket Industrial , ON L3Y8X7
Newmarket (Newmarket Industrial , ON L3Y8X7
Description
The Lion Pub & Grill - Exceptional Business Opportunity in Prime Newmarket An outstanding opportunity to acquire The Lion Pub & Grill, a well-established, fully licensed pub and restaurant situated along one of Newmarket's prominent, high-traffic commercial corridors. Renowned for its inviting ambiance, loyal customer base, and established food-and- beverage operations, this neighbourhood favourite presents an exceptional opportunity for entrepreneurs and hospitality professionals seeking to invest in a thriving business with significant growth potential. Key Features & Highlights Turnkey Business Operation: Fully equipped and furnished, with all existing equipment, chattels, and furnishings included for a seamless transition. Impressive Seating Capacity: LLBO-licensed establishment accommodating up to 210 guests indoors, complemented by an additional 75-seat outdoor patio. Attractive Lease Terms: Competitive lease arrangement with favourable terms and renewal options. Established Revenue Streams: Supported by dine-in service, takeout offerings, and private events. Prime Commercial Location: Exceptional visibility, prominent signage opportunities, and ample on-site parking. Well-Equipped Commercial Kitchen: Meticulously maintained kitchen featuring commercial-grade equipment, a walk-in cooler, and an efficient operational layout. Recognized Local Presence: An established brand with strong community connections and a loyal, repeat clientele. Substantial Growth Potential: Opportunities to enhance profitability through live entertainment, expanded promotional initiatives, special events, and strategic marketing. A rare opportunity to acquire an established hospitality business in a sought-after Newmarket location. Whether you are an experienced restaurateur or an ambitious entrepreneur looking to enter the hospitality industry, The Lion Pub & Grill offers a solid foundation upon which to build and expand (id:13843)
Details
| MLS # | N14031314 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 6 |
| Listing Provided By | RE/MAX COMMUNITY REALTY INC. | JAY NADARAJAH |
Features
| SQ Feet | 46,780 |
|---|---|
| Zoning | COMMERCIAL |
| Acreage | 4346.00 |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Irregular lot size |
|---|
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 13911.55 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Newmarket (Newmarket Industrial |
| Postal Code | L3Y8X7 |
| Listing VS Median (in L3Y8X7) | |
Price: $249,900 low | high Med: $16 sqft: 46,780 low | high Med: 2,249 $ / sqft: $5 low | high Med: $0 On site: 6 low | high Med: 334 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Newmarket (Newmarket Industrial |
| Postal Code | L3Y8X7 |
| Listing VS Median (in L3Y8X7) | |
Price: $249,900 low | high Med: $16 sqft: 46,780 low | high Med: 2,249 $ / sqft: $5 low | high Med: $0 On site: 6 low | high Med: 334 | |