The very popular Oasis Bar & Grill in downtown Cobourg is situated on King St just steps from the beach, waterfront, harbour, and the central Victoria Park.

This is a long-standing restaurant and bar that was completely renovated just 4 years ago, and boasts new systems, full kitchen, 2 walk-ins, bar area, dinning area, and a gorgeous back patio that is packed all summer long.

Featuring a big liquor license of 80 inside, and a further 80 on the back patio.

Long lease of 4 + 5 years paying $4,500 Gross Rent that includes TMI. Very big sales of $800,000 per year and very profitable for a hands-on operator with impressive NOI.

31 King Street East is a beautifully restored brick century building on the main street in downtown Cobourg.

The full back patio is a large area with tons of shade from trees and creates a lovely atmosphere in this summer town that gets absolutely slammed with tourists every summer, as it has one of the best and most popular beaches in all of Ontario.

Property Details: The lease is only 1 year old and there is a ton of term remaining. The restaurant has been recently renovated and features lots of new equipment, beer lines, and more.