1060 - 8580 Alexandra Road

Food & Beverage · For sale

Asking

$299,000

MLS® C8078411

The property

Sale of business assets only of a fully equipped Chinese Hot Pot Restaurant on the popular Food Street of Richmond-Alexandra Road. 24 feet long exhaust hood, walk-in cooler, walk-in freezer, live seafood tank, 2 VIP rooms, and designated parking stalls. The total area is 4320 sq. ft., a new 5-year lease term plus a 5-year option to renew at a triple net rent of $35/SF ($12,600/month) only, plus property taxes and strata fee ($8,928/month). The landlord spent over $150,000, in a brand new HVAC system for the restaurant space. The business is not in operation and is ready for possession.

Facts & features

Costs

Strata maintenance: $8,928 / month

The property

Title: Strata
Zoning: CA
Heating: Varies by Unit
Cooling: Varies by Unit, Air Conditioning
Business type: Food & Beverage, Restaurant

Listing details

Listed by Sutton Group-West Coast Realty

This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assume no responsibility for its accuracy.

Interested?

Enquire about this property.

Ask us anything — the zoning, the lease terms, the numbers behind it, or to arrange a private viewing.

Enquire now