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$38,000
Available - For Sale
Listing ID: N12512594
Excellent opportunity to acquire a turnkey indoor golf studio and after-school academic business in a high-traffic SmartCentres Plaza in Richmond Hill. Approx. 1,881 sq ft featuring 2 golf simulator bays with owned Impact Vision simulators and automatic tee systems, with the remaining area currently used as academic classroom space. Ideal for golf academy, after-school program, or professional office use. Current rent is $9,092.60/month including TMI and HST. Current lease in place until September 2026, with a new 2-year lease term available subject to landlord's consent. The seller will prioritize buyers who are able to take occupancy as soon as possible. Strong applicants with good credit, relevant experience, and proof of assets will be viewed favourably. Financial statements will not be provided at the seller's request; however, recent sales records from the Skedda automated booking/payment system can be shared, based on the current operation of 2 simulator bays. All existing equipment is fully owned by the seller and is included in the sale on an as-is basis. Existing fixtures are also included and to be assumed on an as-is basis. Please note that future redevelopment of the property is planned; however, as final approval is expected to take considerable time, all units are currently being actively operated, with many recently leased or renewed. The lease also contains a 6-month demolition clause.
Price $38,000
Taxes: $1,321.4
Tax Type: Annual
Occupancy by: Tenant
Address: 1070 Major Mackenzie Drive East , Richmond Hill, L4S 1P3, York
Postal Code: L4S 1P3
Province/State: York
Directions/Cross Streets: Bayview Ave. / Major Mackenzie Dr.
No. of Pieces Level
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Washroom 59 0
Washroom 60 0
Category: Without Property
Use: Golf Course
Building Percentage: F
Total Area: 1,881
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: V
Hours Open: 9:00
Employees #: 1
Seats: 30
Maintenance: 0
Heat Type: Electric Forced Air
Central Air Conditioning: Partial
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HOME STANDARDS BRICKSTONE REALTY

1070 Major Mackenzie Drive East , Richmond Hill, L4S 1P3, York

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Paulette Zander
Sales Representatives
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416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Sale Of Business
Area: York
Municipality: Richmond Hill
Neighbourhood: Rouge Woods
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Tax: $1,321.4
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908