THE ICONIC - COLD TEA BAR! APPROXIMATELY 2,500 SQ FT WITH A FULL BASEMENT AND LARGE BOULEVARD PATIO. AMAZING STREET PRESENCE AND EXPOSURE. LARGE BAR AREA ON THE MAIN FLOOR WITH SPEAKEASY STYLE VENUE AND FULL KITCHEN IN THE LOWER LEVEL. LLBO CAPACITY OF 157 ON THE MAIN FLOOR, 61 ON THE LOWER LEVELAND 61 ON THE SUNNY SIDE PATIO. THIS LICENSE HAS A CATERING ENDORSEMENT AS WELL. A NEW 5 PLUS 5 YEAR LEASE IN PLACE AT FAVOURABLE RATES. A HISTORIC BRAND WITH DEEP ROOTS IN THE TORONTO NIGHTLIFE SCENE AND A LONG HISTORY OF SUCCESS. A KILLER REBRAND OPPORTUNITY OR CARRY THE TORCH AND CONTINUE THE OPERATION AS IS. SELLERS WILLING TO PROVIDE TRAINING AND SUPPORT TO ENSURE A SMOOTH TRANSITION TO THE NEXT OPERATOR THIS IS THE ONE!
Address
1186 Queen Street W
List Price
$699,000
Property Type
Commercial
Type of Dwelling
Sale Of Business
Area
Toronto C01
Sub-Area
Dufferin Grove
County
Toronto
Lot Depth
100
Lot Type
Unit
Lot Size Units
Feet
Lot Width
25
MLS® Number
C12048347
Listing Brokerage
CENTURY 21 REGAL REALTY INC.
Postal Code
M6J 1J6
Tax Year
2025
Heat Type
Gas Forced Air Open
Cooling
Yes
Garage Type
Other