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$375,000
Available - For Sale
Listing ID: X8176614
Embark on a new business journey into the heart of the bustling Downtown Hotel district and Convention Center area with Ale House London awaiting its next visionary owner. Steeped in the vibrant ambiance of a casual sports pub, this establishment promises an unforgettable experience, boasting an enticing array of beers, liquors, and a menu that tantalizes taste buds with its rotating pub-style fare. With seating for 140 indoors + 70 on a charming patio adorned with a 50-year-old grapevine, guests are invited to immerse themselves in the electric atmosphere, complete with 15 TVs broadcasting their favorite sports games and a host of amenities including two pool tables, Buck Hunter, and Golden Tee. From its inception in February 2010 to its current state as a well-oiled machine, the owner's legacy of meticulous administration, innovative menu design, and seamless operational oversight ensures a smooth transition for the next adventurer eager to make their mark in the hospitality realm.
Price $375,000
Minimum Rental Term: 0
Maximum Rental Term: 0
Taxes: $0
Tax Type: N/A
Occupancy by: Tenant
Address: 288 Dundas St , London, N6B 1T6, Ontario
Postal Code: N6B 1T6
Province/State: Ontario
Legal Description: PT LT 2 NE DUNDAS ST AS IN LC169572, LC1
Lot Size: 54.09 x 107 (Feet)
Directions/Cross Streets: Wellington St.
Zoning: h-3*DA2*D350
Category: Without Property
Use: Bar/Tavern/Pub
Retail Area: 0
Retail Area Code: Sq Ft
Business/Building Name: Ale House London
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: Varies
Employees #: 16
Seats: 210
LLBO: Y
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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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.
THRIVE REALTY GROUP INC.

288 Dundas St , London, N6B 1T6, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Middlesex
Municipality: London
Neighbourhood: East F
Style:
Lot Size: 54.09 x 107.00(Feet)
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Tax: $0
Maintenance Fee: $0
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