696 Westburne Drive Vaughan, Ontario L4K 4V5

$949,000

Exceptional opportunity to acquire a turn-key banquet hall in a prestigious Vaughan location. Approximately 13,000 sq. ft. with a seating capacity of 375-425 guests in a spacious single-hall layout, with potential to be converted into two separate halls for added flexibility and increased event capacity. Features a grand reception lobby, impressive 20-21ft. ceiling height, and a large fully equipped commercial kitchen with a 14 ft. hood, walk-in cooler, and stand-alone freezer. The property is LLBO licensed. Full Bridal suites on the second floor, a main office, and an additional manager's office. Located in a plaza with ample on-site parking for guests and staff. Approximate rent is$20,000/month all inclusive, with an additional 5 + 5 year lease option available. A rare chance to take over an established, fully operational banquet business with strong revenue history and substantial future bookings already in place. (id:55460)

Business

Business Type	Special Purpose
Business Sub Type	Banquet hall

Property Details

MLS® Number	N13613094
Property Type	Business
Community Name	Concord

Building

Cooling Type	Fully Air Conditioned
Heating Type	Forced Air
Size Interior	13,000 Ft2
Utility Water	Municipal Water

Land

Acreage	Yes
Size Irregular	13000
Size Total	13000 Ac
Size Total Text	13000 Ac
Zoning Description	Commercial

https://www.realtor.ca/real-estate/30087267/696-westburne-drive-vaughan-concord-concord