$1,099,000
Available - For Sale
Listing ID: W12709102
5835 Dixie Road , Mississauga, L4W 4V7, Peel
| Prestige Restaurant & Banquet Hall is a spacious 6,118 Sq Ft venue located in Mississauga near the Brampton border and close to the airport. This fully licensed establishment accommodates up to 262 guests, making it ideal for parties, events, and catering. The layout is well designed to maximize guest comfort and operational efficiency. The restaurant features a large commercial kitchen equipped with multiple hood systems totaling 31 ft, including a 7-ft charcoal range, and two walk-ins (1 + 1). Fantastic lease rate of $12,389 Gross per month including TMI and 2 + 5 + 5 years remaining, the property offers excellent value. Parking is available for over 100 vehicles, supporting high-capacity events. Currently operating as a popular restaurant concept with strong sales, this venue is also available for rebranding into a new concept if desired. The space is enhanced with a top-of-the-line sound system, professional lighting, and other premium features. Potential for Vendor Take Back (VTB) financing pending approval and conditions. Please do not go direct or speak to staff or ownership. |
| Price | $1,099,000 |
| Taxes: | $0.00 |
| Tax Type: | TMI |
| Occupancy: | Tenant |
| Address: | 5835 Dixie Road , Mississauga, L4W 4V7, Peel |
| Postal Code: | L4W 4V7 |
| Province/State: | Peel |
| Legal Description: | PT BLK 8 PL 43M596, DES. PTS 3, 7, 9, 10 |
| Directions/Cross Streets: | Dixie and 401 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Without Property |
| Use: | Banquet Hall |
| Building Percentage: | F |
| Total Area: | 6118.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Recreation/Comm |
| Business/Building Name: | Prestige Restaurant |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | V |
| Hours Open: | Varies |
| Employees #: | 15 |
| Seats: | 262 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Outside Storage: | T |
| Rail: | N |
| Crane: | F |
| Soil Test: | No |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| ROYAL LEPAGE SIGNATURE REALTY |
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Bus:
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Peel |
| Municipality: | Mississauga |
| Neighbourhood: | Northeast |
| Fireplace: | N |
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