601 Rue du Sud Cowansville J2K 2X9 (Rue John)

Property type : Commercial
Building type : Detached
Year built : 1995
Building size : 73.5 X 53.9 ft irr / 22.38 X 16.38 m irr
Lot size : 124 X 150 ft irr / 37.80 X 45.72 m irr
Lot area 16,842 sqft / 1,564.67
Municipal taxes : $10,871 (2017)
School taxes : $1,126 (2016)

Garage / driveway : Driveway (36)

Inclusions : All equipment and furniture of the restaurant and terrace (without legal warranty). The heating and air conditioning unit installed on the roof is new (2016).
Exclusions : Some wooden furniture owned by the owner.

*** LOCATION *** Downtown on Cowansville main street and 45 minutes from Champlain Bridge- Building (1995) of 1 1/2 floor (3,200sf) including a RESTAURANT (Alcohol Lic. 123 indoor and 100 Terrace) – Very well equipped (evaluated/expert at $114,000) – Recently renovated building for $80,000 (Roof, Elect, A/C & Heat,…) – Land 17,000sf (36 parking).

*** COWANSVILLE Downtown *** at 45 minutes from the Champlain Bridge – Detached building of fairly recent construction (1995), of 1 1/2 floor (3,200 sf) including a RESTAURANT and a Terrace (alcohol permit “bring your own wine” 123 indoor and 100 seats on the terrace) – Very well equipped kitchen (equipment and furniture valued at $ 114,000 market value) – Cold room, storage and office on the 2nd floor – Large restaurant with possibility to compartmentalize into meeting room or private banquet room by sliding doors as wall – Recently renovated for close to 80 000 $ (Roofing, Electricity, Recessed lighting, Heat pump A / C, …) – Large lot 17,000sf (36 parking lots).
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The restaurant has just been closed on Saturday, May 6, 2017. The Seller has other main activity and can no longer deal effectively with it. Price listed for QUICK SALE.
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AVIS SUR LES TAXES TPS/TVQ
L’Acheteur reconnaît que la présente transaction peut être taxable en vertu de la Loi sur la taxe d’accise et celle sur la taxe de vente du Québec. L’Acheteur aura 2 options : (1) Payer les taxes TPS et TVQ à la date de la transaction, ou (2) dans le cas où l’Acheteur est inscrit aux taxes TPS/TVQ, il pourrait se prévaloir de l’exemption prévue au paragraphe 221(2) de la Loi sur la taxe d’accise et de celle prévue à l’article 423 de la Loi sur la taxe de vente du Québec, d’exécuter un certificat selon la forme prévue, lequel inclura également les numéros d’inscrit de TPS et de TVQ de l’Acheteur qu’il s’engage à remettre sur réception de l’acceptation de la présente offre d’achat.