Worcester, Massachusetts, a city with a rich history and diverse population, offers a unique opportunity for entrepreneurs and business owners to establish a thriving restaurant. With a population of around 180,000, Worcester is an attractive location for restaurants, boasting a strong presence of higher education institutions, healthcare, and biotechnology industries. The city's central location, approximately 40 miles west of Boston, makes it an ideal spot for restaurants catering to students, professionals, and visitors alike. As a result, Worcester has seen a surge in restaurants, with 3 currently available for lease. With average annual rent per square foot at $28 USD, and spaces ranging from 1,429 square feet to 4,353 square feet, there's a restaurant space to suit every business need.
Worcester's restaurants benefit from the city's strong infrastructure, including a municipally owned water supply, sewage disposal services, and electric power distribution. The city's transportation network, featuring Union Station and Worcester Regional Airport, ensures easy access for customers and supplies. Additionally, Worcester is home to several colleges and universities, such as the College of the Holy Cross, Worcester Polytechnic Institute (WPI), and Clark University, providing a steady stream of potential customers. Other property types available in Worcester include Retail Space, offering opportunities for businesses to establish a strong presence in the city; Commercial Real Estate, providing flexible spaces for a variety of industries; and Flex Space, ideal for businesses requiring a combination of office and warehouse space. With its unique blend of history, education, and innovation, Worcester is an attractive location for restaurants and other businesses alike.
How are restaurant leases typically structured?
Restaurant leases in Worcester, Massachusetts are typically structured with an average annual rent of $28 USD per square foot, with spaces ranging from 2,978 square feet to 4,353 square feet. There are currently 3 available listings for restaurants for lease in Worcester, offering a range of options for restaurateurs looking to establish or expand their business in the city.
What kitchen equipment is usually included in restaurant leases?
When it comes to restaurant leases in Worcester, you can typically expect to find a range of kitchen equipment included, such as commercial-grade ovens, stoves, refrigerators, freezers, dishwashers, and sinks. The specific equipment included may vary depending on the lease terms and the type of restaurant, but these essentials are usually part of the package, making it easier for you to get your business up and running in this central Massachusetts city.
