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UNIQUE OPPORTUNITY to purchase a profitable restaurant with unmatched corner frontage on Newbury Street in Bostons established Back Bay. Located just steps from the Citys most desired attractions, retail and hotels, this prime location also serves as a central office and residential hub, ensuring optimum foot-traffic. Lease Term: Third year of a ten-year lease with one five-year extension at fair market. Seating: 49 Licenses Beer, Wine, Cordials.
Listed by Michael Carucci and Michael George of Gibson Sotheby's International Realty
Family operated 35+ seating restaurant for over 13 years located on the main street in the historical Back-Bay area. Great location with great potential. Heavy residential and university students traffic. The buyer will get a new 5 year NNN lease @ $7,000 per month. Street parking on Mass Ave and Beacon St. 2 leased parking spot on the back @ $500 monthly.
Federal 30-year interest rate: 4.03% last updated on 2017-11-02
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