Cape Breton Estates: Land of the Golden Arms

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Cape Breton Estates: land of the golden arms

Details: Fortress View Restaurant & Suites

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Price: $825,000
Category: Commercial
PID#: 15458862 Tradewinds #: O - 3515
Address: 7513 Main Street
City:

Louisbourg, Cape Breton County, Cape Breton Island, Nova Scotia, Canada, B1C 2LB

Lot Size: 18,184 square feet
Sq. Footage (above grade): 6400
Basement (square footage):
3360 (partially developed; has bar now being used for storage)
Sq. Footage with Cellar: 9760
Building Dimensions: 40' X 84' 9"
 
Possession:

NEGOTIABLE

Overview:

The Fortress View Restaurant and Suites has been a familiar and welcome landmark in Louisbourg for over 40 years, with caring hospitality by the owners providing a comfortable adjunct to good food, excellent baked goods and affordable tourist accommodations. The visibility for the overall facilities, has served the owners well as bus tours and groups have found the operation convenient. Off-site catering, on-site wedding receptions and off-season services are available with friendly and cooperative assistance to planning and executions. This provides Good Will on a significant level.

This business has four revenue sources: 1) the restaurant, 2) the suites, 3) the gift shop and 4) the bakery. The restaurant and bakery attract local business as well as tourist revenue.

The upper floor has 5 suites and, in addition, there is a GUEST HOUSE across the street which is a two bedroom house with two queen beds, pull out sofa in living room, features sun deck, sun porch, and a large back yard.

Comment:

The announcement of a major development in the Louisbourg area should make this business more valuable in the coming years. A German developer has hired Nick Faldo to design 2 championship golf courses with an upscale housing development built around it - total announced investment is $500,000,000. The development is only 5 minutes away.

This is an exceptional building, being one of the largest in Louisbourg and well known to locals and international visitors alike. The potential for a lower level lounge and bar - with the reasonable possibility of entertainment-suggests a whole new source of cash flow and expanded business. The size of the area that could be used for a bar-lounge is 25' X 40', currently part of the cellar storage area.

The Fortress View has a web presence @ www.fortressview.ca

Directions:

Please call Tom for an appointment @ 866-325-1001

Area Links:
Cape Breton bullet The Louisbourg Playhouse
Based on London’s 1599 Globe Theatre, the open-air playhouse was constructed at the Fortress of Louisbourg by Walt Disney Studios for the motion picture Squanto: A Warrior's Tale. After filming wrapped up, the structure was donated to Louisbourg and relocated to our site just off the main street of the Town.
Cape Breton bullet Louisbourg Resort Golf & Spa
This is the web site where you can learn about the major new golf and housing development that will provide a boost to the Louisbourg are for years to come.
Cape Breton bullet Louisbourg ( town web site)
This page covers the most popular attractions in Louisbourg.

Fortress Louisbourg web sites:

Cape Breton line
Type: Business
Style: 2 Storey
Title to Land: Freehold
Property Size: 18,184 square feet
Land Features: Ocean view, Visual exposure, Corner site, High traffic location
Access: Paved street
Heating: Electric, Oil, Baseboard, Hot Water, Furnace
Garage Type: None
Water: Municipal
Sewer: Municipal
Services: Electricity, Telephone, Garbage Pickup
Rental Equipm.: None
Cape Breton line
Exterior: Wood shingles
Driveway: Paved, Parking Lot
Foundation: Concrete
Features:
Paved parking lot, Alarm, Sprinkler system, Smoke detectors, Window display, Living accommodations, Public bathrooms, Bakery, Gift shop, Accommodation suites
Roof: Asphalt Shingle
Flooring: Hardwood, Carpet
Cape Breton line
Inclusions: List can be supplied upon request.
Exclusions: List can be supplied upon request.
Cape Breton line
Bedrooms: 8
Bathrooms: 9
Bus. Income: Yes
Building Age: Old
Garage: No
Gar.Details:  
Water Access: No
Water: Ocean View
Sign: No
Lockbox: No
PCDS: Yes
Cape Breton line
The Restaurant Room Size
MAIN FLOOR PARTITIONED DINING AREA/CASHIER (Booth seating for 25) 24' X 25'
MAIN FLOOR MAIN KITCHEN 50' X 12'
MAIN FLOOR WALK-IN FREEZER 10' X 8'
MAIN FLOOR FREEZER STORAGE ROOM 8' 6" X 12'
MAIN FLOOR BAKERY PREP ROOM 7' 5" X 12'
MAIN FLOOR OVENS (separate room) 7' 7" X 12'
MAIN FLOOR BATH - Women's ----
MAIN FLOOR BATH - Men's ----
MAIN FLOOR MAIN DINING ROOM (50 seats - buffet) 40' 5" X 21'
MAIN FLOOR CAFE (located at front of building, includes bakery display along one wall) 22' X 16'
MAIN FLOOR BATH - Staff ----
MAIN FLOOR GIFT SHOP WITH COUNTER (open to hall) 15' X 8'
MAIN FLOOR STORAGE ROOM 8' 3" X 8'
MAIN FLOOR HALLWAY -----
MAIN FLOOR BACK DECK (facing the harbour) 37' 4" X 10'
Second Room Size
TOP FLOOR The top floor is comprised of five 1 and 2 bedroom suites with kitchens and a large common service area. Slightly irregular - total square feet = 3320
Please see FLOOR PLAN for details and layout
Cape Breton line
ASSESSMENT AND TAXATION INFORMATION
Assessment: $129,200 (2007)
Taxes: $5945.75 (2007)
 
Improvements: List to be supplied upon request
Listing Office: Tradewinds Realty Inc.
  Compliments of Tom Childs
Call any time @ 1-866-325-1001
Cape Breton line
 
( The above information is deemed reliable, but is not guaranteed. )
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