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$1,099,000
Available - For Sale
Listing ID: W12709102
Prestige Restaurant & Banquet Hall is a spacious 6,118 Sq Ft venue located in Mississauga near the Brampton border and close to the airport. This fully licensed establishment accommodates up to 262 guests, making it ideal for parties, events, and catering. The layout is well designed to maximize guest comfort and operational efficiency. The restaurant features a large commercial kitchen equipped with multiple hood systems totaling 31 ft, including a 7-ft charcoal range, and two walk-ins (1 + 1). Fantastic lease rate of $12,389 Gross per month including TMI and 2 + 5 + 5 years remaining, the property offers excellent value. Parking is available for over 100 vehicles, supporting high-capacity events. Currently operating as a popular restaurant concept with strong sales, this venue is also available for rebranding into a new concept if desired. The space is enhanced with a top-of-the-line sound system, professional lighting, and other premium features. Potential for Vendor Take Back (VTB) financing pending approval and conditions. Please do not go direct or speak to staff or ownership.
Price $1,099,000
Taxes: $0
Tax Type: TMI
Occupancy by: Tenant
Address: 5835 Dixie Road , Mississauga, L4W 4V7, Peel
Postal Code: L4W 4V7
Province/State: Peel
Legal Description: PT BLK 8 PL 43M596, DES. PTS 3, 7, 9, 10
Directions/Cross Streets: Dixie and 401
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Without Property
Use: Banquet Hall
Building Percentage: F
Total Area: 6,118
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Recreation/Comm
Business/Building Name: Prestige Restaurant
Financial Statement: T
Chattels: T
Franchise: F
Days Open: V
Hours Open: Varies
Employees #: 15
Seats: 262
Maintenance: 0
Sprinklers: No
Outside Storage: T
Rail: N
Crane: F
Soil Test: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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ROYAL LEPAGE SIGNATURE REALTY

5835 Dixie Road , Mississauga, L4W 4V7, Peel

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

 
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Type: Com - Sale Of Business
Area: Peel
Municipality: Mississauga
Neighbourhood: Northeast
Style:
Lot Size: x 500.82(Feet)
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Tax: $0
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