Turn key restaurant that is currently in operation in a perfect location to attract folks from Tryon, Landrum, and surrounding Thermal Belt communities! Do not miss out on an amazing opportunity where all the love and support you need to open your own restaurant is right here! Included in the sale is the restaurant building, all kitchen appliances, outdoor coolers, tables, chairs, recipes, etc. If the new buyer would like to be extremely hands on, the could live in the home for sale within walking distance to the restaurant or maybe keep as a rental property for extra income (22339 Asheville Highway). Seller is willing to do short term consulting if the new buyer wishes, on all day to day operations of the business. Along with the seating inside the building, there is an amazing covered patio out back with vegetable garden, fire pit, and sink for your guests who would like to dine al fresco. New flooring throughout, new POS system, one bathroom has been updated, propane tank conveys, and there are 23 parking places for customers and approximately six for employees. Stick built outbuilding with eight foot ceilings and storage loft will also convey with the sale. INCOME POTENTIAL in a great area!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $300,000 | $300,000 | $300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $177 | $177 | $177 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,047 | $1,994 | $2,530 |
Total Monthly Payment | $2,299 | $2,246 | $2,782 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.