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$1.2M total
1,700 SF
Asset Class
Hospitality
Size
1,700 SF
Building class
B
Zoning
CB2 — Central Business
$ / SF
$735
Occupancy
89%
An exceptional opportunity awaits in the heart of Scotland. The Field House Restaurant is a well-established, family-run business known for its quality dining experience, welcoming atmosphere, and strong community presence. Proudly owned and operated by the same family, the restaurant has built a loyal clientele by focusing on fresh ingredients and consistently delivering outstanding customer satisfaction. Step inside to discover a warm and inviting interior, thoughtfully updated with a complete renovation in 2016, including both the dining area and kitchen. A striking stone feature wall anchors the bar area, complemented by a beautiful black walnut countertop—creating a natural gathering space for guests. The main dining room showcases a charming barn board feature wall and offers seating for up to 60 guests, providing both comfort and character. In 2021, an additional dining space was thoughtfully created, ideal for hosting intimate private functions and seamlessly connected to the main dining area. During the warmer months, guests can enjoy the rear patio, which accommodates approximately 20 people, with further potential to expand outdoor seating at the front of the property. The spacious chef’s kitchen is designed for efficiency, offering ample room for food preparation and service, along with extensive indoor and outdoor storage. The property also includes two washrooms, all owned equipment, and generous on-site parking, situated on a sizable 80 ft x 165 ft lot. Ideally located just minutes from Brantford, this turnkey offering presents a rare opportunity to own both a thriving business and the property in the growing community of Scotland. With strong existing operations and room for future growth, this is a standout opportunity for entrepreneurs and investors alike. (id:66811)
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Monthly debt service
$6K
Projected NOI
$79K
Annual cash flow
$10K
Cash-on-cash
2.65%
DSCR
1.14
Going-in cap
6.34%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Cascade Foods Inc. | 899 SF | 2028-04 |
| Cascade Foods Inc. | 400 SF | 2028-04 |
| Cascade Foods Inc. | 400 SF | 2028-04 |
Trade area within 3 miles of the property.
Population
73,171
Households
31,372
Median income
$94,000
Median age
45
Daytime population
103,500
5-yr growth
3.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 53 SIMCOE Street, Scotland.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.