23238 MAVIS Avenue
Fort Langley Langley V1M 2S4

$650,000
Business

Main Photo: 23238 MAVIS Avenue in Langley: Fort Langley Business for sale : MLS®# C8047769
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Status:
Active
Prop. Type:
Business
MLS® Num:
C8047769
Bus Major:
Food & Beverage
Bus Minor:
FB - Restaurant
Build. Type:
Freestanding
SUCCESSFUL RESTAURANT & SPECIALTY GROCERY MARKET IS FOR SALE IN HISTORIC FORT LANGLEY. THE MENU & THE SELECTION OF GROCERIES HAS BEEN CURATED TO PROVIDE AUTHENTIC ITALIAN MEALS & FOOD. A WELL APPOINTED KITCHEN PROVIDES FLEXIBILITY FOR PREPARATION OF A WIDE VARIETY OF FOODS. RUSTIC/RELAXING DECORE CONTRIBUTE TO AN EXCEPTIONAL DINING EXPERIENCE & THE SPACE INCLUDES 2 OUTDOOR DINING AREAS. THE DINING RM ALLOWS FOR A VARIETY OF SEATING ARRANGEMENTS THAT CAN EASILY BE DEDICATED TO PRIVATE FUNCTIONS. THE BUSINESS CURRENTLY SERVES LUNCH & DINNER 5 DAYS A WK. THERE IS A LARGE UPSIDE POTENTIAL BY EXPANDING TO 7 DYS A WK & ADDING BREAKFAST TO THE BUSINESS MODEL. THIS IS AN OPPORTUNITY TO BUILD ON THE GOODWILL & SOLID REPUTATION OF A HIGHLY REGARDED OPERATION THAT ENJOYS SOLID LOYALTY FRM THE COMMUNITY THAT IT HAS SERVED FOR ALMOST 10 YRS. THE LISTING INCLUDES THE LEASEHOLD RIGHTS TO OPERATE IN THE SPACE THROUGH TO APR 30, 2025 AT BELOW MARKET RATES W/ AN OPTION FOR AN ADDITIONAL 5 YR TERM.
Sale Type:
Asset or Share
Lease Type:
Net
Sublease:
Yes
Business Name:
MANGIA E SCAPA
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Restaurant
Bus Op Since:
2015
Construction:
Concrete Block
Building Type:
Freestanding, Mixed Use, Street-Level Storefront
Total Floor Area:
3,420 sq. ft.
Office Size:
3,420 sq. ft.
Other Size:
1,980 sq. ft.
Lot Area:
7,875 sq. ft.
Land Use/Zoning:
M-1B MIN 1.7HA-INDUS
Permitted Use:
Residential
Taxes:
$17,932.27 / 2022
Air Conditioning, Alarm System, Cooler(s), Floor Drain(s)/Grease Trap(s), Freezer(s), Handicap Access/Facil, Visitor Parking, Washrooms Female/Male
Services Connected:
Electricity, Garbage Collection, Natural Gas, Paved Streets, Telephone, Street Lighting
Water Supply:
Municipal
HVAC:
Central A/C, Forced Air
Sewer Septic:
Municipal/Community
Env Assmt Phase:
Not Applicable
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Listed by Royal LePage Westside
Data was last updated December 7, 2022 at 04:40 AM (UTC)
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