Overview
Sitings Realty Ltd. is pleased to offer for sale the business assets of a fully outfitted restaurant, including high-quality furniture, fixtures, and equipment (FF&E). This is a turnkey opportunity ideal for restaurateurs seeking to establish a food service operation at a high profile shopping centre in North Vancouver, British Columbia. The assets are only two years old and have been meticulously maintained, presenting exceptional value for those looking to acquire modern, commercially compliant equipment and stylish furnishings. In addition, a long-term lease is in place with an expiry date of approximately August 2033.
Highlights
The restaurant is located at Lynn Valley Centre, a prominent, grocery-anchored shopping destination, that serves as a dynamic mixed-use hub in the heart of North Vancouver’s popular Lynn Valley community. Anchored by Save-On-Foods, Shoppers Drug Mart, Winners, and BC Liquor Store, the centre is further supported by a shadow-anchored Safeway. Spanning over 160,000 SF, the centre offers a vibrant mix of retail, including shops, boutiques, restaurants, cafés, and essential services. Its role as a community focal point has been further strengthened by the recent addition of approximately 360 new residential units across six on-site buildings, ranging from four to twelve storeys. With this integration of retail and residential, Lynn Valley Centre has evolved into the true heart of the neighbourhood’s thriving town centre.
Details
- Price for Business Assets: $595,000 plus applicable taxes
- Size:
- Main Floor: 3,643 SF
- Patio: 884 SF (No Basic or Additional Rent applicable to Patio)
- Seating: 196 Total (approximately)
- Main Floor: 146
- Patio: 50
- Lease: Please contact the Listing Agent for information regarding the current Lease. Prior approval of the Landlord is required for an assignment.
- Additional Rent (Est. 2025/2026): $33.43 PSF Total
- Property Tax: $8.49 PSF
- CAM: $24.94 PSF
Anchor Tenants
Inquiry Form
Lynn Valley Centre