Description
An exceptional opportunity to bring your restaurant vision to life in the heart of Downtown Cobourg! Situated just steps from Cobourg's beautiful waterfront and directly across from historic Victoria Hall, this prime location offers outstanding visibility, walkability, and proximity to the vibrant shops, boutiques, businesses, and attractions that make downtown Cobourg a destination for locals and visitors alike. Home to the popular The EL (formerly El Camino) since 2013, this established restaurant location is ready for its next chapter. Offering approximately 1,100 sq. ft. of restaurant space, plus front and rear patios, two washrooms, and a full basement for storage. A commercial kitchen hood, fire suppression system, and front patio railings are included. Restaurant chattels and equipment may also be available for purchase or lease separately, providing an opportunity for a streamlined opening. Lease Details: Base rent of $3,250/month for Year 1, plus TMI (property taxes currently $633.95/month) and HST. Base rent increases by just $50/month annually for Years 2-5. A new liquor licence application and AGCO approval will be required. Located in one of Cobourg's most desirable commercial corridors, surrounded by thriving businesses, residential neighbourhoods, and popular tourist destinations, this is an exciting opportunity to establish your restaurant in a vibrant waterfront community just 100 km east of Toronto. Prime location. Established restaurant space. Endless possibilities for your next culinary venture! (id:13843)
Details
| MLS # | X14111326 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 15 |
| Listing Provided By | Royal LePage ProAlliance Realty | Lindsey Edwards |
Features
| SQ Feet | 1,100 |
|---|---|
| Zoning | MC Main Central Commercial |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Hood Fan |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 7607.41 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Cobourg |
| Postal Code | K9A2M3 |
| Listing VS Median (in K9A2M3) | |
Price: $3,250 low | high Med: $20 sqft: 1,100 low | high Med: 2,275 $ / sqft: $3 low | high Med: $0 On site: 15 low | high Med: 281 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Cobourg |
| Postal Code | K9A2M3 |
| Listing VS Median (in K9A2M3) | |
Price: $3,250 low | high Med: $20 sqft: 1,100 low | high Med: 2,275 $ / sqft: $3 low | high Med: $0 On site: 15 low | high Med: 281 | |