• Mobile: 647-965-2957
  • Office: 416-496-9220
  • Fax: 416-496-2144

$199,900
Available - For Sale
Listing ID: X8214590
368 RICHMOND Stre South , London, N6A 3C3, Middlesex


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 $199,900
Minimum Rental Term: 24
Taxes: $0.00
Tax Type: TMI
Assessment Year: 2024
Occupancy: Owner+T
Address: 368 RICHMOND Stre South , London, N6A 3C3, Middlesex
Postal Code: N6A 3C3
Province/State: Middlesex
Legal Description: PT LT 10 , S/W KING STREET , AS IN 94032
Directions/Cross Streets: Corner of Richmond and King St
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Restaurant
Total Area: 189.45
Total Area Code:  Square Meters
Retail Area Code: Sq Metres
Area Influences: Public Transit  
Business/Building Name: The Home Restaurant
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 9
Employees #: 3
Seats: 100
Water Expense: $0
Expenses Actual/Estimated: $Est
Washrooms: 2
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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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.
CENTURY 21 FIRST CANADIAN CORP
Personal Picture
Saleem Akhtar
Sales Representative
Dir:
647-965-2957
Bus:
416-496-9220
Fax:
416-496-2144
 
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At a Glance:
Type: Com - Sale Of Business
Area: Middlesex
Municipality: London
Neighbourhood: East K
Style:
Lot Size: x 99.33(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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