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SaleCommercial Retail

1091 Gorham Street

Newmarket, ON L3Y 8X7

Price

$249,900

Building Size

46,779.909 sq ft

MLS# N14031314 | Listed by RE/MAX COMMUNITY REALTY INC.

Business Details

Business Type

Hospitality/Food Related

Property Use

Retail

Hours / Days

Open 7 Days

Franchise

No

Commercial Space & Financials

Retail Area

3,500 sq ft

TMI

$0.30/SF

Industrial Specifications

Lot Size

50' × 80'

Property Description

The Lion Pub & Grill - Exceptional Business Opportunity in Prime Newmarket An outstanding opportunity to acquire The Lion Pub & Grill, a well-established, fully licensed pub and restaurant situated along one of Newmarket's prominent, high-traffic commercial corridors. Renowned for its inviting ambiance, loyal customer base, and established food-and- beverage operations, this neighbourhood favourite presents an exceptional opportunity for entrepreneurs and hospitality professionals seeking to invest in a thriving business with significant growth potential. Key Features & Highlights Turnkey Business Operation: Fully equipped and furnished, with all existing equipment, chattels, and furnishings included for a seamless transition. Impressive Seating Capacity: LLBO-licensed establishment accommodating up to 210 guests indoors, complemented by an additional 75-seat outdoor patio. Attractive Lease Terms: Competitive lease arrangement with favourable terms and renewal options. Established Revenue Streams: Supported by dine-in service, takeout offerings, and private events. Prime Commercial Location: Exceptional visibility, prominent signage opportunities, and ample on-site parking. Well-Equipped Commercial Kitchen: Meticulously maintained kitchen featuring commercial-grade equipment, a walk-in cooler, and an efficient operational layout. Recognized Local Presence: An established brand with strong community connections and a loyal, repeat clientele. Substantial Growth Potential: Opportunities to enhance profitability through live entertainment, expanded promotional initiatives, special events, and strategic marketing. A rare opportunity to acquire an established hospitality business in a sought-after Newmarket location. Whether you are an experienced restaurateur or an ambitious entrepreneur looking to enter the hospitality industry, The Lion Pub & Grill offers a solid foundation upon which to build and expand

Price & Status History

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Location

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1091 Gorham Street, Newmarket L3Y 8X7

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Listing Courtesy of: RE/MAX COMMUNITY REALTY INC.

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