Queen St W & Tecumseth St FOR SALE: ELEGANT TURNKEY HOSPITALITY VENUE IN QUEEN WEST, TORONTO. A rare opportunity to own a fully renovated, upscale hospitality space in Toronto's vibrant Queen West. Spanning 5,673 sq. ft., this stylish venue is ideal for a restaurant, lounge, cocktail bar, offering high-end finishes in a prime location. HIGHLIGHTS: Elegant Interiors: Custom millwork, modern design, and premium finishes. Licensed for 200 Guests: Multiple lounge areas + private second-floor patio (licensed for 40). Fully Equipped Bar & Kitchen: Perlick refrigeration, EFI appliances. Long-Term Lease Stability: Secure lease through 2031 + Two (2) 5-year renewal options. Prime Location: High foot traffic, surrounded by top retail, dining & nightlife. Versatile & Event-Ready: Ideal for corporate functions, and upscale nightlife. This turnkey opportunity eliminates build-out costs, offering exceptional value for hospitality entrepreneurs looking to expand or launch in a high-demand urban hub. Serious Inquiries only. Lease details, and private tours available upon request. NO NEED FOR SECURITY DEPOSITS OR ADDITIONAL RENT DEPOSITS - SELLER HAS PROVIDED $300K TO LANDLORD WHICH WILL BE APPLIED TO THE LEASE/RENT IN YEAR 10. BUYER TO REPAY THE $300K TO SELLER ONCE IT'S RELEASED FROM THE LANDLORD. CURRENT RENT INCLUDING ADDITIONAL RENT IS APPROX. $23,000 PLUS HST. (id:27476)
