384 Yonge St, Toronto, Ontario, M5B 1S8

Description

Excellent opportunity to lease a commercial food court / take-out eating establishment unit. Gross area approximately 749 sq ft, including dining area, with approximately 219 sq ft net kitchen area. Zoning permits commercial food court and take-out restaurant use. Unit features 10 ft ceilings and power supply of 60A, 120V/208V, 3-phase. Water is not separately metered; electrical is separately metered.Base rent is $3,500/month plus TMI. Tenant responsible for TMI including property taxes ($524.83/month) and maintenance/common expenses ($1,720.36/month).Existing improvements include sinks and kitchen exhaust system installed. Plumbing, electrical, and gas lines to be installed and made ready for restaurant use. Fryers, flat grills, ranges, work tables, shelving, refrigeration/freezer equipment, and other restaurant appliances are not included and to be supplied by tenant.Preferred lease term is 3 or 5 years. Security deposit equal to 3 months' rent. Rent escalation negotiable. No known restrictions.