Bar/Restaurant space available in Salem. The Bar & Restaurant is built-out and fully equipped. The facility is in good condition and is located on a highly traveled street. The landlord is not asking for any key money. This is a good opportunity for an Operator to open up a location with a small budget.
LOCATION: Restaurant/Bar space with highly visible location in a business/residential area
FACILITY: This is a store front building with a bar/dining room and kitchen. The kitchen is equipped and efficiently laid out. There is also a parking space and basement for storage.
PARKING: There is space in that back that is can be included in the lease
SEATING: There space has a capacity of 46 persons
LICENSES: Alcohol licenses are available for purchase (Call to discuss)
RENT: The landlord is asking for $1,950 NNN per month.
LEASE TERM: Five (5) year initial term with one (5) year option.
SECURITY DEPOSIT: Three month's rent, payable at lease signing for first, last and security deposit
KEY MONEY: The landlord is not asking for Key Money