ID# 1561 - Excellent Lease in Riverdale

Morris County, NJ


Asking Price: $195,000


Business Description

Formerly Brookside Bistro and Rosemary & Sage.

Dining area seats 65-75.

Bar seats 10 plus three high tops for 12 people.

Outdoor patio for approximately 50 plus room to possibly expand.

Plans for outdoor bar to meet indoor bar.

Fully equipped kitchen.

New parking lot to be built by landlord.  Additional parking next door at Chase Bank, if needed – consent already given.  Ample street parking is also available.  Lease for 20 or more years starting at $4,950 per month, triple net.  The taxes are currently $10,700 with house next door paying 25% of the property taxes.  Price $195,000 includes the liquor license and all equipment.  Owner will hold some financing, based on tenant’s credit worthiness.

Parking lot and landscaping will be paid by landlord.

Call (201)845-3700 to schedule a showing.

Detailed Information

Real Estate: Leased

Rent: $4,950

Sale Includes: Liquor License, Long Lease, Furniture, Fixtures & Equipment


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