Property Information:
Magnificent location in the heart of Plateau-Mont-Royal, on a lovely, unobstructed street corner offering excellent visibility. The premises must be occupied by a grocery store or equivalent business, or must be shared with the current tenant, who will operate a grocery counter.
Magnificent commercial space benefiting from an exceptional location in the heart of Plateau-Mont-Royal, on a lovely, unobstructed street corner offering excellent visibility. The 1183.1 sq.ft. space has a grocery permit (C) allowing only the establishment of a grocery store or equivalent business under the regulations.
The subtenant has 2 options:
1-Lease of 863 sq.ft., sharing the space with the current tenant, at $1900/month.
2-Sublease of the entire space (1183.1 sq.ft.) at $2600/month, with the condition that the business be a grocery store or equivalent under the regulations.
-The base rent will be increased each year in line with the Consumer Price Index (CPI).
-Heating, electricity, improvements and maintenance at subtenant's expense.
-Any improvements must be approved by the tenant in writing.
-No smoking inside the property.
-Cannabis consumption is prohibited inside the premises and in common areas.
-Cannabis planting is prohibited.
-No pets allowed.
-No Airbnb.
-The sub-tenant will be required to provide the tenant with proof of insurance deemed satisfactory prior to occupancy.
-A security deposit is required upon signature of the lease.
-The security deposit will be returned to the sub-tenant at the end of the lease after inspection of the premises by the tenant and his real estate broker.
-The cost of repairs due to the fault of the sub-tenant shall be borne by the sub-tenant.
-Subletting is not permitted unless otherwise agreed by the tenant and the landlord.
-A credit check will be required for the subtenant.
-The commercial operation will have to comply with the grocery permit (C) and the uses authorized by the regulations in accordance with this type of permit.
-The duration of the sublease can be from 12 to 40 months (until the end of the current lease term on September 30, 2027)
Exclusions : Electricity, heating, improvements, insurance, maintenance. Additional rent (including municipal taxes, school taxes, non-residential surtax).
Building Features:
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Style:
Attached corner unit
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Water Supply:
Municipality
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Sewage System:
Municipality