1287 Madison Street
Severn, L3V 0V1
FOR SALE
$299,000
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Sale Of Business
CATEGORY 1,500 Sq Ft
RETAIL AREA S13697332
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Property Description
The very popular Captain's Grill Diner of Severn is a classic and long standing restaurant in a truly unique location just off Highway 11 at the gateway to Muskoka, just north of Orillia.Well known by cottagers, skiers, locals, transient workers, and travellers heading north and south. This 1,500 Sq Ft restaurant is licensed for 28 inside plus 12 on the screened-in patio,with parking for 23 and very little nearby competition. Full commercial kitchen with a 8-ft commercial hood and a proven operation boasting great income and impressive margins. Incredibly low rent of only $857 Gross Rent including TMI with 3 + 5 + 5 years remaining. A rare opportunity to take over an established restaurant with extremely low overhead in a strategic Highway 400 location. Please do not go direct or speak to staff or ownership.
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Property Details
Address
1287 Madison Street
Community
City
Postal Code
L3V 0V1
Property Type
Sale Of Business, Sale Of Business
Use
Without Property
Zoning
Business Commercial
Lot Size
1,538' x 2,226'
Retail Area
1,500 Sq Ft
Heat Type
Gas Forced Air Closed
Water
Municipal
Parking Spaces
23
Garage Type
Public
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Listing contracted with Royal Lepage Signature Realty
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