Header

 

logo

header

$239,900
Available - For Sale
Listing ID: X8214590
An opportunity to own a Liquor Sales licensed restaurant in heart of London Downtown. Located close to Residential Apartments, schools, Citi Plaza, the library, banks, offices, hotels, Budweiser Garden, and public transit by the door. Direct bus to UWO and walking distance to Fanshawe College. Well-appointed kitchen the main floor offers ample space for dining. Nearby parking lots and free street parking. Ground size of 2840 sqft & rent-Free basement storage, provides ample room to accommodate 100+ guests. The property features a wet bar, facilitating seamless operations for a Bar or a Drink Store. Equipped with 220v electricity. Upgrades include new stove and other appliances in 2020, Tiles (2020); Freshly painted walls & ceilings. 10.2 Foot Kitchen Hood. Legal private VIP rooms for parties. Affordable rent with Water and Tax included. Free garbage and used grease oil pickup. The lease term spans 2+7 years, providing stability and a long-term vision. No limit on working hours.
Price $239,900
Minimum Rental Term: 24
Taxes: $0
Tax Type: T.M.I.
Assessment: $929979
Assessment Year: 2023
Occupancy by: Own+Ten
Address: 368 RICHMOND St South , London, N6A 3C3, Ontario
Postal Code: N6A 3C3
Province/State: Ontario
Legal Description: PT LT 10 , S/W KING STREET , AS IN 94032
Lot Size: 38.5 x 99.33 (Feet)
Directions/Cross Streets: Corner of Richmond and King St
Zoning: DA1
Category: Without Property
Use: Restaurant
Total Area: 189.45
Total Area Code:  Sq Metres
Retail Area: 189
Retail Area Code: Sq Metres
Area Influences: Public Transit  
Business/Building Name: The Home Restaurant
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 6
Hours Open: 9.5
Employees #: 3
Seats: 100
LLBO: Y
Taxes Expense: $0
Insurance Expense: $500
Maintenance: 0
 Heat Expenses: $350
 Hydro Expense:  $550
Water Expense: $0
Gross Income/Sales: $228054
Expenses Actual/Estimated: $Est
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
First Name: *
Last Name: *
Phone: *
Email: *

Message:

From:

Name:
Email:

To:

Name:
Email:

Comment:

 

Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
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 $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 FIRST CANADIAN CORP

368 RICHMOND St South , London, N6A 3C3, Ontario


 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Sale Of Business
Area: Middlesex
Municipality: London
Neighbourhood: East K
Style:
Lot Size: 38.50 x 99.33(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
View Larger Map
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Listing info
Description
General Details
Property Detail
Financial Info
Utilities and more
Get More Info:
Book Showing
Request More Info
Email Friend
Photos and movies:
View Slide Show
View All Photos
Calculator:
Affordability Chart
Mortgage Calculator
More To Do:
Print This Page

Listing added to compare list, click here  to view comparison chart.
!-- start of askavenue script -->