1026 SPEERS ROAD

About this property

Welcome to a rare opportunity to acquire a well-established quick-service restaurant in Oakville's sought-after Bronte community, just off the bustling Speers Road commercial corridor. This impeccably maintained 1,250 sq. ft. restaurant boasts more than 20 years of operating history, strong community goodwill, and a loyal customer base built over generations. The thoughtfully designed space features a fully equipped commercial kitchen complete with a large exhaust hood, walk-in refrigerator and freezer, generous prep areas, ample storage, and infrastructure capable of supporting a wide variety of food concepts. Whether you're a first-time entrepreneur or an experienced operator, this versatile location is ideally suited for dine-in, takeout, catering, commissary operations, ghost kitchens, and numerous other hospitality ventures. What truly sets this opportunity apart is the exceptionally low occupancy cost especially with a recent bank appraisal of $213,000. The gross rent is approximately $3,200 per month, including TMI and HST, with approximately two years remaining on the current term plus a valuable five-year renewal option. Opportunities to secure a proven restaurant location with below-market rent in Oakville are increasingly rare. Please do not go direct or speak with staff. All inquiries and showings must be arranged through the listing brokerage. Your discretion is greatly appreciated. (id:66779)