1060 8580 ALEXANDRA ROAD

About This Property

Sale of business assets only of a fully equipped Chinese Hot Pot Restaurant on the popular Food Street of Richmond-Alexandra Road. 24 feet long exhaust hood, walk-in cooler, walk-in freezer, live seafood tank, 2 VIP rooms, and designated parking stalls. The total area is 4320 sq. ft., a new 5-year lease term plus a 5-year option to renew at a triple net rent of $35/SF ($12,600/month) only, plus property taxes and strata fee ($8,928/month). The landlord spent over $150,000, in a brand new HVAC system for the restaurant space. The business is not in operation and is ready for possession.