Sale of business of a Top of the line Fine Dining Indian Restaurant. This tastefully done restaurant features 80 seats, large Kitchen, Abundance of Natural light, LLBO licensed. This Restaurant boasts of being one of the best Indian Cuisines in Burlington and has private parties booked till the end ...of the year.Perfect business for groups/individuals looking at further building this Indian Restaurant, Bottle service, inviting Indian artist to perform for a small elite group, open mic for desi standups. RIOCAN's well maintained plaza with other large clientele: LCBO, Food Basics, Burger King, Moores, Party City and many more. Chattels: Large 24 ft hood (approx), Walk in cooler, Tandoors, dough mixer and many more. Perfect for Low Rental: Net rent: $30 per sq.ft (approx)+ TMI: $19.75 per sq.ft (approx), Lease term till end of 2033+ 2 renewal option of 5 years.
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Full Property Details
General
Business Type
Restaurant
Industrial Area
-
Industrial Area Unit
-
Retail Area
100.00
Retail Area Unit
%
Office Area
-
Office Area Unit
-
Total Area
2453.00
Total Area Unit
Square Feet
Sprinklers
Yes
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
Restaurant
Industrial Area
-
Industrial Area Unit
-
Retail Area
100.00
Retail Area Unit
%
Office Area
-
Office Area Unit
-
Total Area
2453.00
Total Area Unit
Square Feet
Sprinklers
Yes
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Gas Forced Air Open
Air Conditioning
Yes
Washrooms
0
Heating Fuel
Gas Forced Air Open
Air Conditioning
Yes
Exterior
Depth
0.0
Front
0.0
Lot Size
0 x 0.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
Outside/Surface
Garage Spaces
-
Zoning
Commercial
Depth
0.0
Front
0.0
Lot Size
0 x 0.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
Outside/Surface
Garage Spaces
-
Zoning
Commercial
Building Description
Home Type
Commercial
Subtype
Sale Of Business
Sewers
San Avail
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Sale Of Business
Sewers
San Avail
Water Supply
Municipal
Possession Date
No Data
Community
Community
Roseland
Community
Roseland
Taxes & Fees
Tax Year
2025
Occupancy
Owner+Tenant
Tax Year
2025
Occupancy
Owner+Tenant
Jagtar Dhillon
Est. mortgage
$3,411/mo
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Jagtar Dhillon
Courtesy of:RE/MAX REAL ESTATE CENTRE TEAM ARORA REALTY