45 King Street W, Waterloo, Ontario N2G 1A1

Gorgeous licensed restaurant on King Street in downtown Kitchener. This turnkey beautiful restaurant is\ncurrently The Rich Uncle Tavern dating back to 2015 when it was completely renovated top to bottom.\n3,770 sq ft with an impressive open concept chef's kitchen towards the rear of the unit. Excellent\nlayout with high ceilings and an excellent atmosphere.This is a wonderful opportunity for operators\nlooking for a 100+ seat restaurant for rebranding or conversion. **** EXTRAS **** Great lease rate of $11,247 including TMI and all utilities with 5 + 5 + 5 years remaining. Licensed\nfor 120 + 26 on the patio. Full chefs' kitchen with a 18 ft hood and 3 walk-ins. 1 parking space\nincluded. Please do not go direct. (id:27476)

Located on King Street in downtown Kitchener, this stunning licensed restaurant is a turnkey establishment that is currently operating as The Rich Uncle Tavern. The restaurant underwent a complete renovation in 2015, resulting in a beautiful 3,770 sq ft space with an impressive open concept chef's kitchen towards the rear of the unit. The layout features high ceilings and an excellent atmosphere, making it an ideal opportunity for operators seeking a 100+ seat restaurant for rebranding or conversion.

The property boasts a great lease rate of $11,247, which includes TMI and all utilities, and there are 5 + 5 + 5 years remaining on the lease. Additionally, the restaurant is licensed for 120 patrons indoors and 26 on the patio. The full chefs' kitchen is equipped with an 18 ft hood and 3 walk-in refrigerators. The property also includes 1 parking space. It's important to note that interested parties should not go to the property directly.

For those interested in purchasing the property, it is situated on a 25.14 x 159.12 FT lot on 45 King St W in the city of Waterloo, Ontario. The postal code for the property is N2G1A1. In addition to the restaurant space, the property features a total of 7 bathrooms and is fully air conditioned for comfort.