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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
Interior
Cooling Yes
Others
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Listed by ZOLO REALTY