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$189,000
Available - For Sale
Listing ID: X12132909
An incredible opportunity to acquire a well-established restaurant location that has been operating successfully for over 15 years as a Mexican/International cuisine destination, situated in one of London's busiest and most high-traffic corridors. This well-established location features seating for over 28 guests indoors, a concrete patio for additional outdoor dining, and ample on-site parking for customers. As a bonus, the second level offers a self-contained apartment with 2 rooms and a Kitchen , ideal for owner use or conversion to commercial office space. The listed price includes over 100K in equipment, chattels, and fixtures, providing a true turnkey setup for entrepreneurs or investors looking to step right in. Additional amenities include walk-in freezer, newly installed Kitchen hood, stove and ample prep space, Monthly lease is only $6,700/month with an abundance of onsite parking and a prime location, don't miss this turnkey opportunity to acquire a profitable and respected establishment in London's hospitality industry with plenty of growth potential.
Price $189,000
Taxes: $6,800
Tax Type: Annual
Occupancy by: Vacant
Address: 1487 Dundas Stre , London East, N5W 3B8, Middlesex
Postal Code: N5W 3B8
Province/State: Middlesex
Legal Description: PART LOT 8 PLAN 69 AS IN 392484 LONDON/L
Directions/Cross Streets: Dundas St & First St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Without Property
Use: Restaurant
Building Percentage: T
Total Area: 3,032
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: V
Hours Open: 10hrs a
Employees #: 0
Seats: 30
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
GOLD EMPIRE REALTY INC.

1487 Dundas Stre , London East, N5W 3B8, Middlesex


 
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At a Glance:
Type: Com - Sale Of Business
Area: Middlesex
Municipality: London East
Neighbourhood: East N
Style:
Lot Size: x 146.00(Feet)
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Tax: $6,800
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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