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For Lease - 455 Grand Avenue, Chatham, Ontario

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Time on Jump  177 day

AI Summary *

  • Established Southwestern and Mexican restaurant with 28 years of operation.
  • Located next to a high-end hotel and large residential area.
  • Turnkey business with potential for new concepts or continued operation.
  • Additional rental income available from adjoining unit.
  • Spacious units with ample parking in a high-traffic plaza.

The cajun pepper chatham's only fully licensed southwestern and mexican restaurant is for sale. This turn key operation for 28 years the last 4 years at 50 % capacity of both hours of operation and seating has survived when many didn't in the industry. Located next door to chatham's newest high end hotel with large apartment and huge residential neighborhood at the back door and located in a well maintained high volume plaza with ample parking. The sky is the limit! Additional rental income from adjoining unit currently being offered at $700. 00 per month plus hst utilities included. The owners will assist whether you want to keep it as the cajun pepper or perhaps you want to create a new concept. We would be happy to help you reach your goals. Be your own boss. Ready for takeover. Present owners are retiring after 28 years. Presently operating at 30 hours per week. Exceptional business opportunity. Unit 11 is 2,008 sq ft unit 12 is approx 380 sq ft
Listing ID24024409
Address455 Grand Avenue
CityChatham, Ontario
Lease$129,900
ConstructionBrick
FlooringCarpeted, Cushion or Lino or Vinyl
Land Sizesee remarks
TypeBusiness
StatusFor Lease

Acreage 0.000Inclusions See list attachedAmenities High Traffic Location, Public Transportation, Shopping NearbyOwnership FreeholdRental Equipment Hot Water Tank, Other, See RemarksFire Protection Fire Alarm SystemFoundation BlockHeating / Cooling Central Air Conditioning, Forced AirHot Water Tank GasUtility Water Municipal WaterSewer Sanitary

Date Listed Oct 11, 2024Days on Market 178Parking Paved
ASAP

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8

Apr

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9

Apr

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Mohsin Rashid

Mohsin Rashid

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Schools

4 public & 6 Catholic schools serve this home. Of these, 9 have catchments. There are 2 private schools nearby.

Parks & Rec

2 dog parks and 1 playground are within a 20 min walk of this home.

Transit

Rail transit stop less than 3 km away.

Listing Agency:  ROYAL LEPAGE PEIFER REALTY Brokerage
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455 Grand Avenue
Chatham , Ontario
$129,900
Get more info