Ng's Cuisine has been a fixture in Ottawa for over 22 years and can now be yours! An amazing restaurant opportunity!The premises feature a large and functional layout, 2,300 sq. ft with a bright, open licensed dining space with seating for 110patrons, served by a fully-equipped, spacious commercial kitchen designed for high-volume service. Another 900 sq. ft.is available in the lower level for private dining service. Ample storage is available, along a prep kitchen, 2 walk-in freezers, 1 walk-in cooler, live seafood tanks in the basement. This listing price includes all existing fixtures, equipment, goodwill,transfer of liquor licence, leasehold improvement, and remaining inventory on closing to ensure a truly turn-keyoperation from day one. Situated in a prime location with heavy vehicular traffic, close to other retailers, groceries andresidential hubs. 25 parking spaces available. Full details, inventory list, and lease terms available to qualified buyers.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
Yes
Retail Area:
3200 sq. ft. Sq Ft
Lot Depth:
83'9¼"25.5 m
Lot Frontage:
187'2"57.1 m
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
AM10
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
Parking Spaces:
25
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$0 /
2025
Assessment:
$- /
-
Ottawa
Cityview - Parkwoods Hills - Rideau Shore
7201 - City View/Skyline/Fisher Heights/Parkwood Hills
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Gross income:
$971,268
Expenses Actual/Estimated:
Actual
Heating Expenses:
$22,128
Hydro Expenses:
$19,296
Insurance Expenses:
$5,286
Operating Expenses:
$530,108
Water Expenses:
$14,580
Year Expenses:
2025
Property Management Company:
Wiltim Holdings Ltd.
Business/Building Name:
1499 Merivale Road, Ottawa, ON K2E 5P3
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
Closed Wednesdays. Open from 11am to 10pm Thursday to Tuesday.
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