Prime Fan Restaurant/Bakery Location! Equipped!

Lease Rate$4,344
/Month
Lease Expiration DateNot Disclosed

Expenses / Sq. Ft.Not Disclosed

Year Built1925

Min. Space2,172

Max. Space2,172

105 N Robinson StSave

Prime Fan Restaurant/Bakery Location! Equipped!


Lease Rate$4,344
/Month
Lease Expiration DateNot Disclosed

Expenses / Sq. Ft.Not Disclosed

Year Built1925

Min. Space2,172

Max. Space2,172

Property Description
Considered to be one of the Fan District's key restaurant and/or bakery locations and often described as "one of the jewels of the Fan", this is a very rare opportunity. Located at 105 N Robinson St and nestled between a new neighborhood restaurant coming soon at the corner of Floyd Ave and Robinson Sts and "Beaucoup Restaurant' at 111 N Robinson St (recently named one of the South's Top 10 New Restaurants by Southern Living), high traffic is a given.

Robinson St is a high traffic restaurant corridor that ties directly into the very busy Main St and Cary St corridors which are renowned for their concentration of popular restaurants. The Fan and Carytown are collectively the #1 destination drive for dining out and "bar hopping" for the majority of Richmonders.

But even more important than the reputation of the Fan for exceptional restaurants and bars, the key to their long term success has always been their immediate proximity to heavy walking traffic from nearby high density neighborhoods with glowing demographics. There are more people per square foot residing in the Fan than any other area throughout greater metro Richmond and the demograhics are most ideal for heavy restaurant and bar patronage.

The Fan is comprised of mostly young urban professionals who are successful in business and considerably affluent. They are mostly single, living together, or married without childen, with high disposable incomes. They rarely cook and prefer going to one of their nearby neighborhood restaurants and bars almost nightly for dinner and drinks.

105 N Robinson St and 2526 Floyd Ave are adjacent to one amother and in the past, the two were leased together with 2526 Flayd Ave serving as the main restaurant and 105 N Robinson St serving as an auxillary bakery and food preparation area. Now, for the first time, due to a new Special Use Permit, we are finally able to offer these two locations as two, separate, totally autonmous, self contained, entities.

105 N Robinson St has a hood, hood fan, and fire suppressant system, combination walk-in refrigerator/freezer, and miscelaneous equipment on the 2nd floor. On the 1st floor, it has a large walk-in refigerator and fully equipped food prep area in the rear, with space up front for retail or seating. With very little effort and a small investment, the facility could easily be re-opened for business in just a matter of weeks.

This is a great opportunity for a qualified restaurant operator. It's definitely a "must see"to fully appreciate.

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About the Property
Type
Building Status
Established
Facilities & Assets
The facilities are in excellent condition and all electrical, plumbing, and mechanical are warrantied to be in good repair and/or good working condition.
Current Property Expenses
The Lessee (tenant) is responsible for all utility charges (electric, gas, and water).
Location Description
The Lessor (landlord), its contractors, and agent, will do everything possible to facilitate a smooth and orderly transition to a new tenant.
Current & Prior Use
The prior use was bakery..
About the Lease
Rent
$4,344.00 per month
Lease Is NNN
Yes
Lease Terms
5-Year Initial Lease Term with two 5-Year Options. 3% annual increases.
Listing Info
ID
2326350
Listing Views
1294
Business Location

Contact Seller

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Property Listed by: Rich Holden Holden Realty, LLC

Listing ID: 2326350 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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