5 Bathroom
900 ft2
Fully Air Conditioned
Forced Air
$199,000
Incredible opportunity to take over this lovely licensed restaurant located right in the heart of London's iconic Richmond Row. This well-positioned corner unit offers outstanding visibility with AAA signage and benefits from steady foot traffic in one of the city's busiest retail and entertainment corridors. The space is a manageable 900 sq ft, making it ideal for an efficient operation with low overhead. It comes fully equipped with an 8-ft commercial hood, a large walk-in fridge, and a liquor license for 40 patrons. The interior layout is well designed for both dine-in service and takeout, with cozy seating and a welcoming atmosphere. Current gross rent is $6,018 (including TMI) with 3 years remaining on the lease plus a 5-year renewal option available, offering excellent long-term security. This turnkey restaurant is an ideal candidate for rebranding into a wide range of concepts, franchises, or cuisines. Whether you're looking to bring in a new dining experience or expand an existing brand, this location has all the right ingredients for success. Please do not go direct or speak to staff or ownership. (id:50976)
Business
|
Business Type
|
Restaurant |
|
Business Sub Type
|
Restaurant/pub |
Property Details
|
MLS® Number
|
X12284139 |
|
Property Type
|
Business |
|
Parking Space Total
|
2 |
Building
|
Bathroom Total
|
5 |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
900 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
64 Ft ,4 In |
|
Size Frontage
|
55 Ft ,9 In |
|
Size Irregular
|
55.83 X 64.41 Ft |
|
Size Total Text
|
55.83 X 64.41 Ft |
|
Zoning Description
|
Business Commercial |
https://www.realtor.ca/real-estate/28603567/565-richmond-street-london-east
