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$90,000 For Sale

616 Post Road
Westport, CT 06880



Business Opportunity: Business Opportunity - MLS# 170194860
Property Photo
1/12

Description

CURRENTLY A RUNNING RESTAURANT, TURNKEY OPERATION, EXCELLENT POST ROAD LOCATION. NO DRIVE BY, NO TALKING TO EMPLOYEES. LOW RENT IF YOU BUY THE RESTAURANT BUSINESS THAT WAY YOU ASSUME THE RESTAURANT LEASE AND LANDLORD HAS OFFERED THE SAME RENT AMOUNT TO THE NEW TENANT. Current lease is signed based on $40 per square foot. It is about 2500+700 sf storage in the basement, Monthly rent 7700 + NNN. if any buyer wants to take advantage of the low rents this is an excellent opportunity as there are 2 more years remaining. The new rents in the area are $45 to 60 per sf. Business Owner's reason for selling is he has opened more restaurants and wood like to sell one of them as he can not manage alone. Also there is another retail space available adjacent to this restaurant, about 2000 sf, if you need 4500 sf it is available immediately. please call for any questions., CURRENTLY A RUNNING RESTAURANT, TURNKEY OPERATION, EXCELLENT POST ROAD LOCATION. NO DRIVE BY, NO TALKING TO EMPLOYEES. LOW RENT IF YOU BUY THE RESTAURANT BUSINESS THAT WAY YOU ASSUME THE RESTAURANT LEASE AND LANDLORD HAS OFFERED THE SAME RENT AMOUNT TO THE NEW TENANT. Current lease is signed based on $40 per square foot. It is about 2500+700 sf storage in the basement, Monthly rent 7700 + NNN. if any buyer wants to take advantage of the low rents this is an excellent opportunity as there are 2 more years remaining. The new rents in the area are $45 to 60 per sf. Business Owner's reason for selling is he has opened more restaurants and wood like to sell one of them as he can not manage alone. Also there is another retail space available adjacent to this restaurant, about 2000 sf, if you need 4500 sf it is available immediately. please call for any questions.

Features

  • Area: All Areas
  • Business Name: The Mumbai Times
  • County/Area: Fairfield County
  • Directions: I 95 To Post Road In Westport Ct.
  • Garage: Paved,Off Street Parking,Parking Lot
  • Land Includedw Business: Business Only (No Real Estate)
  • Landlord Requirments: Security Deposit, Net-Net-Net Lease
  • Listing Status: Active
  • Location: Highway Access
  • Mil Rate Total: 0.000
  • Mo Lease Amount: 7700
  • Property Type: Business Opportunity
  • Roof Information: Not Applicable
  • Security Deposit Details: Negotiable
  • Sewage System: Public Sewer Connected
  • Sub Type: Business Opportunity
  • Tax Year: July 1999-June 2000
  • Tenant Responability: All Utilities
  • Utilities Available: None/Unknown
  • Village: In-Town
  • Water Source: Public Water Connected
  • Year Business Established: 25
  • Zip Code: 06880
  • Zoning: CL

Courtesy of:



Platinum Property Realty | 203-853-2455 | Contact Us
144 East Ave - Norwalk, CT 06851
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