Real Estate


358 Queen Elizabeth Blvd, Kamsack SK - Fully Equipped & Furnished Restaurant - Real Estate

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Pick up location: 358 Queen Elizabeth Blvd, Kamsack, SK

Time Left:

 
 
 
 

Close Date

Fri May. 5, 2023 1:20 pm CST

Current Bid: 99000 CAD

CoteFirstNation - 29 bids

Item Quantity: 0


Condition: THIS AUCTION SALE REQUIRES PRE-REGISTRATION


PST: Exempt


Subject to a $1,500.00 Buyers Fee.

Listing Details

Features and Specifications

Details:

Located in Kamsack, SK enroute to Duck Mountain Provincial Park, is 358 Queen Elizabeth Boulevard. This property consists of a 1280 Sq. Ft. restaurant, a large 0.63-acre commercial lot, a 240 Sq. Ft. storage shed, electricized sign pole and all the equipment, tools, and items needed to open and run a successful business. 

Originally built in 1975 as a Kentucky Fried Chicken Restaurant this restaurant has been owned and run successfully by multiple owners over the past few decades. Between 2012 and 2014 significant renovations and improvements were made into the property, completely modernizing, and updating everything within. Most recently this property was purchased and sequentially went through with a fine-tooth comb to ensure all aspects of the property were cleaned, repaired, or replaced as appropriate. No detail was overlooked. You can prove this to yourself when you book an appointment to view.

 

The restaurant currently seats 32 patrons and can be increased to 40. During the summer you can take advantage of the exterior patio along the north and west sides for dining, as well as the large property. There is a large portion of the property that consists of mature trees and a park like green space perfect to enjoy on those hot summer days, while enjoying a quick meal, ice cream or break. 

 

Behind the restaurant is a small 240 sq. ft. shed, perfect for storage, and maintenance equipment. This shed dosen't have electricity it was previously electrified with the power box and wiring that is still existing. Electric Supply to the storage building has been discontinued, however the outbuilding has solar lighting interior and exterior. This could be converted to a small service counter or any other purpose. 

 

This property is best described as a fully furnished, equipped and ready to open restaurant. However, the property could easily be converted into an office space, retail store, private practice or much more. 

 

Below is a non-exhaustive list of features, amenities, equipment, tools, and more.

Property Features: Highway Frontage, Corner Lot, Adjacent to a Motel, Electricized Sign Pole, Large Parking Area, 200 Amp Power, High Efficiency Furnace, Central A/C, Built in Cooler, Internal & External Surround Sound System

 

Local Amenities: Hospital, Elementary & High School, Liquor Store, Post Office, Motels, Fitness & Swimming Center, Grocery Store, Police & Fire Hall, please see the business directory below provided by the Town of Kamsack for a list of more businesses. 

Restaurant Equipment: Garland Double Oven with 4 cooking Burners and distinct Range, Frymaster Deep Fryer (inc. baskets and repair receipt), Stainless Steel Tables, Prep Table with Cooler, Dishwasher and Dish washing Station, Stainless Steel Sink, Stainless Steel Shelving, Range Hood and Fire Suppressions System (inspected July 2020), Ice Maker, Deep Freeze, etc.

Restaurant Tools: Plates, Cups, Dishes, Napkin Holders, Salt & Pepper Shakers, Cutlery, Weighing Scales, Cleaning Chemicals, Mixing bowls, Pots, Pans, Strainers, Ladles, Spatulas, Toasters, Panini Maker, Waffle Iron, Milkshake Mixer, Popcorn Maker and every other possible item needed. It’s all here. 

More: Art Pieces, Decorations, Benches, Bathroom Supplies, Extensive Assortment of Take Out Containers, Please see additional Pictures attached in the PDF below to obtain a general awareness of all the assets.  

Current Costs: Costs below are an average, while the restaurant is closed

Property Taxes: $2259.12 (2022)

Gas: $180 ( per month in Winter)

Electricity: $110

Water, Sewer, Garbage: $130 (billed every two months)

 

Important Note: Personal Effects of the Owner are not included in the sale, these include Computer & Desk, Tools, Trailer, Ladders, and Snow Blower. (Snow Blower is available for purchase directly from the Owner). 

 

Lot Overview

Viewing:
By Appointment Only, Please Contact the Owner at 306-380-4813

Terms and Conditions:

Auction will close on Friday May 5, 2022.

1. Highest Bid or Any Bid Not Necessarily Accepted.
2. Legal Fees are the responsibility of the respective party. Transfer Fees will be the responsibility of the Purchaser.
3. Upon agreement to Sell the Purchaser will be required to pay a non - refundable deposit with Certified Funds to McDougall Auctioneers of 10% plus the Buyer's Fee and applicable taxes within 24 hours.
4. Remainder of funds and title transfer to occur within 21 Days of Sale Agreement.
5. All auction items are sold buyer beware and as is where is.
6. Subject of a $1500 Buyers Fee.
7. Subject to the approval of appropriate parties,
8. Possession date will be May 15, 2023,
9. This property may be sold prior to the close of the auction, if an acceptable offer is received, and accepted by the Owner

THIS AUCTION SALE REQUIRES PRE-REGISTRATION!!

A refundable deposit of $2,000 is required to participate in this sale. Please allow a minimum of 24 hours to be registered.
NO FINAL DAY REGISTRATIONS WILL BE PERMITTED.

Please contact our Real Estate office to start the registration process. Prior to contacting our office, please ensure you have your bidding account for McDougallbay.com completed and set up.

Our Real Estate Office is available by phone or email, Monday to Friday 8 AM to 4:30 PM. Phone 306-271-1505. Email: realestate@mcdauction.com


Refundable deposit will be returned within 5 business days to unsuccessful bidders. You may also provide us a copy of a void cheque so that we can return the deposit more quickly.

Auctioneer's Note: A rarity of this sort does not come along often. This 1200 Sq.Ft. Restaurant is in immaculate condition. Fully Furnished, with cooking equipment, utensils, dishes, furniture, and much more. This property has also had significant renovations within the last ten years. This place is perfect to capture tourists, vistors, and hunters all travelling through town towards Duck Mountain Provincial Park. For More Information Regarding This Sale, Please Contact: Cory Hall at 306-541-4409 or 306-271-1505.

Documents

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Terms

TERMS & CONDITIONS - Cash, Debit, Bank Draft, Corporate Creditor Or Online Payments. ( 3% Convenience Fee On Credit Card Transactions) - Buyer's Fee of $1,500. - Subject To Additions & Deletions.

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