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$550,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Windfields
MLS Listing ID E12315612
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Located at the prime location of Windfields, Oshawa N, Palm Court Restaurant is a well established and beloved dining destination offering a warm, inviting atmosphere and a menu full of delicious, high-quality dishes and the LLBO license, offering a wide range of beverages and cocktails. The restaurant boasts of its loyal customer base and a prime location in the bustling windfields area, making it an incredible opportunity for a passionate entrepreneur or restaurateur looking to take over a thriving business. Situated on a busy Simcoe St N, the restaurant enjoys high visibility and steady foot traffic, and is known for great food, friendly service, and cozy ambience, which has built a strong local following. The restaurant is 2800 Sq ft. It has a setup that supports 2 kitchens for different cuisines. Rent $12043 (Includes base rent &TMI). 10 Year lease commenced in February 2021. Hence 5 years, 7 months remaining on lease. Seating: Dining Section-56; Bar Section seats 38, Total Liquor license (LLBO) capacity is 90. Restaurant opened April 2022, Business age is 3 years, 3 months. All Equipment is owned. Currently 10 Employees.
Location
Province ON
County Durham
Community Windfields
Area Durham
Zoning Commercial
Interior
Cooling Yes
Inclusions List of Chattels, Equipment, Furniture, Fixtures will be provided.
Others
Virtual Tour https://youtu.be/pt-gPmaCaVo
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Listed by ZOLO REALTY