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    0 Withheld

    New Milford, CT 06776
    • $219,000
    • STATUS: Active
    • ON SITE: 221 days
    • MLS #: 170270737
    UPDATED: 61 min ago
    $219,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,135
      SQFT
    • $53
      $/SQFT
    Neighborhood:
    N/A
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    This is a 4,135 s.f. 89 seat downtown restaurant with a separate 26 seat party room (good for meetings) and a 35 20 stool bar. It is located close to 2 municipal parking lots with over 100 spaces. There is also street parking around the restaurant too.There are 19 seats and 7 tables in the bar area (part of the total count).The area attracts diners from all around because there are several other restaurants on the adjoining streets making the area a "dining destination. A multi-screen movie theater is a short walk from the restaurant.The restaurant serves American cuisine made fresh and to order. The bar has one of the biggest visible liquor back bars youll ever see. Has more than 190 bottles of liquor on display. They specialize in making seasonal and signature drinks. The bar has 10 taps and sells 10 different beers. A pepsi soda system speeds getting soft drinks to dinners and a walk-in-cooler behind the bar keeps the beer icy cold. 3 flat screen TVs entertain customers while they drink and dine. Rent is $5,300 /month. Rent will increase based on COLA adjustments with a 3% cap. There are 5 years remaining in the 1st option with 2 more 5-year options available. This is a net lease.This restaurant has a positive growth. Why Is It For Sale? The Owners, husband & wife are getting or are divorced. The husband also owns another restaurant in a nearby town. He cant run 2 restaurants so must sell one of them.

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    © 2020 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or GEN Next Real Estate. Data last updated: 2020-09-18T15:10:33.78.
    www.mygennext.com/homes/103051532
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    0 Withheld New Milford, CT 06776

    • Price: $219,000
    • Status: Active
    • Updated: 61 min ago
    • MLS #: 170270737
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,135
    SQFT
    $53
    $/SQFT
    Neighborhood:
    N/A
    County:
    Litchfield
    Area:
    New Milford
    Property Description
    This is a 4,135 s.f. 89 seat downtown restaurant with a separate 26 seat party room (good for meetings) and a 35 20 stool bar. It is located close to 2 municipal parking lots with over 100 spaces. There is also street parking around the restaurant too.There are 19 seats and 7 tables in the bar area (part of the total count).The area attracts diners from all around because there are several other restaurants on the adjoining streets making the area a "dining destination. A multi-screen movie theater is a short walk from the restaurant.The restaurant serves American cuisine made fresh and to order. The bar has one of the biggest visible liquor back bars youll ever see. Has more than 190 bottles of liquor on display. They specialize in making seasonal and signature drinks. The bar has 10 taps and sells 10 different beers. A pepsi soda system speeds getting soft drinks to dinners and a walk-in-cooler behind the bar keeps the beer icy cold. 3 flat screen TVs entertain customers while they drink and dine. Rent is $5,300 /month. Rent will increase based on COLA adjustments with a 3% cap. There are 5 years remaining in the 1st option with 2 more 5-year options available. This is a net lease.This restaurant has a positive growth. Why Is It For Sale? The Owners, husband & wife are getting or are divorced. The husband also owns another restaurant in a nearby town. He cant run 2 restaurants so must sell one of them.
    Exterior Features

    Road Frontage Description Municipal Street

    Interior Features

    Cooling System Central Air Heat Type Hot Water Restrooms Number Of 2

    Property Features

    Business Name Withheld Documents Available None Garage Parking Info On Street ParkingParking Lot Heat Fuel Type Electric Landlord Options Possible Option To Purchase Landlord Requirments Credit CheckReferences RequiredSecurity DepositLease RequiredAnnual IncreaseNet-Net-Net Lease Lease Years Remaining 5 Location Downtown Possession Availability Asap Potential Use Restaurant Present Use Restaurant Sewage System Public Sewer Connected Sign Yn No Tenant Responability All UtilitiesCable TvCredit CheckElectricityHeatHot WaterInsuranceLiability InsuranceMaintenance/Repairs Utilities Available GasTelephonePhone Available Water Source Public Water Connected Zoning Bus

    Listing information © 2020 Smart MLS
    Listing provided courtesy of Charlie Vlahos of Blanket Real Estate.


    © 2020 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or GEN Next Real Estate. Data last updated: 2020-09-18T15:10:33.78.
     
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