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St. Michaesl Resaurant for Sale Business oNLY
Restaurant for sale in St. Michaels, MD. With 10 years left on lease. Licenses in effect: a. On site Liquor License b. Lottery c. Catering on and off site Included in lease: not a triple net lease 1. Property Tax 2. Hazard Insurance 3. Water & Sewage 4. HVAC Total replacement cost 5. Parking lot maintenance, stripping & snow removal 6. Grass Cutting 7. Half of Dumpster Fees 8. Use of all existing equipment & furniture -Tenant pays maintenance 9. Fire Insurance 10. All repairs to building and lot 11. 10 years left on lease, 1st 5 years $4200.00, 2nd 5 years $5200.00 12. Large signage space with high traffic count 13. Turn Key, tables, chairs, and kitchen equipment include in lease The current restaurants off much more opportunity if opened for breakfast, Lunch and dinner. Parking and seating will accommodate large parties, weddings, etc. Located in the business area with large motel next door. Space and location accommodates numerous types of menus. Centrally located convenient to Caroline, Dorchester and Queen Anne Counties on the shore. St. Michaels is a tourist area with tourist coming for a weekends, weekly rentals and/or numerous hotel/motels, due to the convenience to DC, VA, NY, NJ and Western Shore many tourist visit St. Michaels for the day to enjoy seafood, and the waterfront. Our demographics show retired, semi-retired and many second homes on a local level. Page 1 of 2 Seating and Square footage: Parking spaces 49 Dining room seating for 107---- 4000 square feet Lounge Seating ---- plus space for tables 2200 square feet Exterior seating for 20 4 Bathrooms Separate Bar and Dining Room Kitchen ---- 2800 square feet
ST. Michaels, MD
- Bedrooms, - Bathrooms
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Date Created:09/22/16
Keller Williams Select Rea...
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Contempory Waterfront Turner's Creek
Commerical Investment
Updated End Unit St. Michaels MD
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