Description

SALE OF LEASEHOLD IMPROVEMENTS / LEASE ASSIGNMENT OPPORTUNITY - BUSINESS, BRAND, EQUIPMENT & CHATTELS NOT INCLUDED. Excellent opportunity to take over a professionally designed and extensively improved commercial unit in a prime Markham location near First Markham Place and Hwy 7. The premises have undergone substantial leasehold improvements and offer an attractive, finished interior that may significantly reduce the time and cost associated with starting from a raw or unimproved commercial space. Existing lease runs until November 2027, with a renewal option, subject to the terms of the lease and landlord requirements. Current lease rate is below prevailing market rates, providing an additional advantage to an incoming operator. Ideal for a buyer seeking an established commercial space that can be adapted to their own concept, subject to zoning, permitted use, landlord approval and any applicable municipal requirements. Moneta Foto's business name, goodwill, customer database, social media accounts, photography equipment and other business assets are specifically excluded from the sale. Buyer to conduct their own due diligence regarding intended use, permits, licensing, lease assignment and landlord approval. Please do not go direct or disturb the operating business. Showings by appointment only.