308 King Street N, Waterloo, ON N2L 3V2

Waterloo N2L 3V2 Ontario

MLS: X12336892

$429,000

Added 29 days ago | For Sale

Listed by: ROYAL LEPAGE SIGNATURE REALTY

About Property

GC Burger franchise location in the heart of the University District in Kitchener-Waterloo.Situated at the base of 308 King, a newly built condo tower dedicated to student accommodation,this is a prime location for high foot traffic and visibility. The unit features 1,073 sq ft with a modern QSR layout, seating for 16 inside, plus a patio with additional seating. Equipped with a massive 16-ft commercial hood, two walk-in fridges, and a full line of new equipment this turnkey setup is ideal for efficient operations. Attractive lease rate of $5,487 gross rent including TMI with 4 + 5 years remaining. Full training to be provided pending franchisor approval, with royalties set at 6% + 2.5%. Please do not go direct or speak to staff.

Features

  • House Style:Sale Of Business
  • Bathrooms:1
  • Land Size: 188.63 X 250.39
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Hickory St E & King St N
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes:
  • Bedrooms:
  • Total Parking Spaces:20
  • Parking Places:20
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12336892

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