118 Clarence Street

Right in the heart of the ByWard Market, a unique restaurant bar is now available for lease, offering a turn-key move-in ready opportunity in Ottawa's premier restaurant and nightlife district. This modern facility includes a full bar with televisions for guests, indoor and outdoor dining areas, a complete commercial kitchen with a gas-fired oven, an 8-foot hood fan, grill top, stove top, 2 deep fryers, and walk-in refrigeration. There's a preparation and dishwashing area next to the kitchen. Outdoor seating is partially covered with a plexiglass awning that keeps out the rain and wind, allowing the use of most of the patio from early Spring through late Fall. The indoor bar area seats 34 people. An indoor backroom seats 34 people, and the terrace seats more than 50. The backroom has an exclusive bathroom, a fantastic space for private parties and events. Bathrooms for the restaurant are available indoors on the second floor of the building. This unique space is now available to sublease for five years or more. Rent is a semi-gross structure of $10,000 per month for the first year of the term with annual escalations. This rent includes building operating costs. Utilities are extra. Operate a dine-in and take-out business all year round. Benefit from high pedestrian traffic, numerous hotels, residents, businesses and tourism in the immediate area.