Primary photo of 584 Sackville Drive, Lower Sackville
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Business For Sale

$130,000

MLS® Number: 202601297

Land Size

0.459

Year Built

1976

584 Sackville Drive, Lower Sackville, Nova Scotia

About This Property

The business, Hong's Kitchen, is listed for sale at $130,000. As well, there is a monthly lease for the building it occupies, which includes property tax and snow removal. This renowned Chinese restaurant is located on the main street of Sackville. The owner has operated it for over 20 years and is now planning to retire, while the restaurant awaits its new proprietor. Spanning 2,465 square feet, the restaurant features 74 seats and 27 parking spaces, with two entrances for convenient access. It holds its own liquor license and Control License. The "VIP Room" provides a significant additional source of revenue. Situated in Lower Sackvillea rapidly growing area with ongoing construction and various retail businesses in the vicinitythe restaurant enjoys a steady and continuous flow of customers. Rent $6200 + HST for year 1 to 2; $6400 + HST for year 3 to 5. The rent includes property tax and snow removal.

Property Details

Interior Details

Flooring

Other

Building & Exterior

Parking Features

Parking Space(s)

Year Built

1976

Land & Location

City Region

Lower Sackville

Lot Size Area

0.4591 acres

Lot Size Dimensions

0.4591

Postal Code

B4C2S3

Listing & Financials

Listing Office

Sutton Group Professional Realty

Originating System Name

Nova Scotia Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($26,000)
5.5%
25 Years

Estimated Monthly Payment

$639

Principal and interest only. Actual rates may vary.

Location & Map

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