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$250,000
Available - For Sale
Listing ID: X11888650
700 Somerset St West , West Centre Town, K1R 6P6, Ontario
This is a rare opportunity to own a piece of Ottawa's culinary history! Established over 40 years ago, this iconic restaurant has been a cornerstone in the community, serving generations of families with its traditional Cantonese-style Chinese cuisine. Located in the heart of Ottawa, this business occupies a spacious 4,800 square feet on each level for around 9,600 square feet! The lower-level banquet hall is perfect for hosting events, comfortably accommodating up to 70 guests. Total seating for 350+ patrons & fully liquor licensed, the sale includes all equipment, tables, chairs, etc., and 11 dedicated parking spaces. Continue the tradition of excellence that has made it a beloved destination for Cantonese cuisine in Ottawa. An iconic piece of Ottawa's culinary scene & continue serving the community with a legacy of delicious food and exceptional service. Business for sale only, not building.
Price $250,000
Taxes: $10.5
Tax Type: T.M.I.
Occupancy by: Vacant
Address: 700 Somerset St West , West Centre Town, K1R 6P6, Ontario
Postal Code: K1R 6P6
Province/State: Ontario
Lot Size: 100 x 99.19 (Feet)
Directions/Cross Streets: Located at the intersection of Somerset St W and Cambridge St N
Zoning: TM[112]H(16)
Category: Without Property
Use: Restaurant
Building Percentage: Y
Total Area: 9,600
Total Area Code:  Sq Ft
Retail Area: 9600
Retail Area Code: Sq Ft
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 8
Employees #: 0
Seats: 420
LLBO: Y
Outside Storage: N
Volts: 600
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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HOMEART REALTY SERVICES INC.

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