2A Pinsent Drive photo 11 / 26

MLS #1290083

2A Pinsent Drive

Grand Falls/Windsor

$999,000

6,363 sqft
Office
Source Listing

Property Details

Have you been dreaming of starting your own restaurant or investing in a franchise but the thought of purchasing a building and buying all that kitchen equipment was so overwhelming. Well, don't miss out on the opportunity to walk in to an already established location. This first class turn key Restaurant is so fully equipped and is so ready to go. The location is one of the most high traffic , high visibility locations in Grand Falls-Windsor. It is along side likely the busiest Tim Hortons in Central. It is currently leased and operating as EAT which is a Canadian/Indian/International Cuisine. Prior to that it was operating as Grand Central Station restaurant, a full blown bakery, and a Don Cherry's Franchise. It has all the equipment to operate. It has 5 bathrooms in total, and 3 offices in the back of the building that is currently being leased as well. Some equipment includes: a convection oven, large cast iron oven with different layers,double grill with 2 ovens, warmers, heaters, several deep freezers, ice machines,proofers for rising bread, fryers, walk-in coolers,stand-up mixers,pastry maker,dough maker,display coolers etc,etc right down to the pots/pans and chafing dishes. The interior of the restaurant highlights beautiful murals and the atmosphere is so serene with its 2 propane fireplaces and pellet stove for those cozy winter nights. This is definitely a must see. It has enough equipment for 2 full-time restaurants and a bakery. This is fully functional with the most optimal location. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$999,000
Down Payment - 8%$79,920
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$6,716

Mortgage Payment
$5,508
Property Tax
$708
Insurance
$150
Utilities
$350
Down Payment
$79,920
Loan Amount
$919,080
Total Interest
$733,190

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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