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795 Vesuvius Bay Road in : GI Salt Spring Business for sale (Gulf Islands) : MLS® # 383984

795 Vesuvius Bay Road V0S 1E0 : GI Salt Spring

Main Photo: 795 Vesuvius Bay Road in : GI Salt Spring Business for sale (Gulf Islands)  : MLS® # 383984
$1,150,000
Prop. Type:
Commercial
MLS® Num:
383984
Status:
Active
Build. Type:
Mixed Use
Waterfront restaurant in busy area of Salt Spring Island. Property includes restaurant, two residential suites, foreshore lease with ramp and dock, on site parking. 41 seats inside, 39 seats on sunny deck, take out window serviced by full kitchen. Full liquor licences. Sea Side Restaurant is rated as one of the best on the gulf islands with constant growth over the 17 years of the current owners. Most patrons are residents so two strong seasons. This is a turnkey opportunity, owners will provide training and consulting services prior to completion. Long term staff can also remain. This lucrative operation will show very good return on the investment and the business will have short pay back.
Property Type:
Commercial
Commercial Type:
Business
Type:
Business
Total Finished Rooms:
0
Total Unfinished Rooms:
0
Lot Size:
Switch units of measure0.17 acre(s)
Lot Details:
Irreg.
Title to Land:
Freehold
Building Type:
Mixed Use
Exterior Features:
Outdoor Lighting, Parking
Water supply:
City/Munic.
Waste Disposal:
Septic Tank
Equip/Machinery, Good Will, Inventory, Leasehold Improves, Parking, Real Estate, Supplies, Trade Name(s)
Vesuvius Bay Road beside Crofton Ferry.
High Traffic Area, Marine Access, Road: Paved
Gross Taxes:
6732.0
For Tax Year:
2016
Assessed:
614000.0
Assessment year:
2017
Assessment Roll Number:
1003005
Revenue Property (Y/N):
No
Business Established Year:
2001
Jurisdiction name:
Gulf Islands Rural (764)
Legal Description:
Portion NORTH SALT SPRING PLAN VIP37195, LOT 1, SECT.9, RANGE 2W, L.D.16COWICHAN
District Lot Number:
16 COW
Section Number:
9
Zoning:
C-1 Commer
P.I.D.:
001-041-959
Possession Details:
TBA
Total Units in Complex:
2
1-Bedroom Units:
1
Bachelor Units:
1
Business Name:
Sea Side Restaurant
Business Type:
Accommodation, Restaurant/Bar
Commercial Area:
Gulf Islands
Total Building Area:
Switch units of measure2,333 sq. ft.
Lot Site Features:
Wfront: Ocean
Building Features:
Awnings, Deck, Floor: Hardwood, Kitchen, Public Restroom(s)
Price Includes Building:
Yes
Price Includes Business:
Yes
Price Includes Land:
Yes
Services:
Cablevision, Electricity, Telephone, Water
Sale type:
Sale of Assets
Transaction Type:
For Sale
Date Listed:
Oct 05, 2017
Original Price:
$1,150,000
Listing information last updated on Nov 10, 2017 12:06 AM
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John Monkhouse
Cell:(250) 216-6343
Office:(250) 384-8124
Toll Free:(800) 665-5303
Fax:(250) 380-6355
Pemberton Holmes - Cloverdale
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