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368 Richmond Street

London, ON N6A 3C3
  • $239,900
  • STATUS: Active
  • ON SITE: 341 Days
  • MLS #: 40451601
UPDATED: 148 min ago
$239,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

A fantastic opportunity to own a Liquor Sales licensed restaurant in heart of London Downtown. This presents a compelling opportunity to transition into a Bar Business with a wet bar ready, complemented by a well-appointed kitchen and comprehensive facilities suitable for a diverse range of culinary offerings.Located close to an array of amenities, including Residential Apartments, schools, Citi Plaza, the library, banks, offices, hotels, Covent Garden Market, Budweiser Gardens, and public transit by the door offering access to all corners of the city. Direct bus to UWO and walking distance to Fanshawe College. Across from the London International Academy High School adds to its investment value. Spanning the main floor, this business offers ample space for both dining and storage. Nearby parking lots and free street parking for up to 2 hours ensure a hassle-free experience for customers. The location boasts excellent visibility with multi-routs bus stops by the building which garnering significant exposure and traffic. Ground size of 2840 sqft & the rent-free full basement storage, this restaurant provides ample room to accommodate 100+ guests. The property features a wet bar with water pipes already in place, facilitating seamless operations for a Bar or a Drink Store. Equipped with 220v electricity, making it highly convenient for various culinary requirements. Upgrades include a new kitchen stove and other appliances in 2020, ensuring a modern and efficient working environment. Tiles (2020); Freshly painted walls and ceilings. 10.2 Foot Kitchen Hood. Legal private VIP rooms for parties on all occasions add a touch of exclusivity and cater to private events and gatherings. Affordable rent with Water and Tax included. Free garbage pickup at front and back doors by the city. Free used grease oil pickup. The lease term spans 2+7 years, providing stability and a long-term vision. No limit on working hours. Please contact the listing agent for showings.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2024-06-16T17:21:53.903.
www.initiaontario.com/homes/141346699
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368 Richmond Street London, ON N6A 3C3

  • Price: $239,900
  • Status: Active
  • On Site: 341 Days
  • Updated: 148 min ago
  • MLS #: 40451601
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
East K
County:
Middlesex
Area:
East
Property Description
A fantastic opportunity to own a Liquor Sales licensed restaurant in heart of London Downtown. This presents a compelling opportunity to transition into a Bar Business with a wet bar ready, complemented by a well-appointed kitchen and comprehensive facilities suitable for a diverse range of culinary offerings.Located close to an array of amenities, including Residential Apartments, schools, Citi Plaza, the library, banks, offices, hotels, Covent Garden Market, Budweiser Gardens, and public transit by the door offering access to all corners of the city. Direct bus to UWO and walking distance to Fanshawe College. Across from the London International Academy High School adds to its investment value. Spanning the main floor, this business offers ample space for both dining and storage. Nearby parking lots and free street parking for up to 2 hours ensure a hassle-free experience for customers. The location boasts excellent visibility with multi-routs bus stops by the building which garnering significant exposure and traffic. Ground size of 2840 sqft & the rent-free full basement storage, this restaurant provides ample room to accommodate 100+ guests. The property features a wet bar with water pipes already in place, facilitating seamless operations for a Bar or a Drink Store. Equipped with 220v electricity, making it highly convenient for various culinary requirements. Upgrades include a new kitchen stove and other appliances in 2020, ensuring a modern and efficient working environment. Tiles (2020); Freshly painted walls and ceilings. 10.2 Foot Kitchen Hood. Legal private VIP rooms for parties on all occasions add a touch of exclusivity and cater to private events and gatherings. Affordable rent with Water and Tax included. Free garbage pickup at front and back doors by the city. Free used grease oil pickup. The lease term spans 2+7 years, providing stability and a long-term vision. No limit on working hours. Please contact the listing agent for showings.
Exterior Features

Crops Included YN No Docking YN No Frontage Type South Garage YN No Lot Features Arts CentreCity LotLibraryParkPublic ParkingPublic TransitSchoolsShopping Nearby Waterfront YN No

Interior Features

Appliances DishwasherDryerFreezerGas Oven/RangeGas StoveRange HoodRefrigeratorStoveWasher Cooling YN No Fireplace YN No Kitchens Total 0

Property Features

Association Fee2 Frequency Monthly Business Type Food and Beverage Common Interest Other Cross Street The Home Restaurant Franchise YN No Inclusions DishwasherDryerFreezerFurnitureGas Oven/RangeGas StoveRange HoodRefrigeratorSmoke DetectorStoveTV Tower/AntennaWasherOtherAll Chattels And Fixtures Are Included. Inventories Are Negotiable. New Construction YN No Other Equipment TV Tower/Antenna Property Sub Type Commercial Restrictions Heritage Security Features Smoke Detector Senior Community YN No Transaction Type Sale

Listing information © 2024 Information Technology Systems Ontario.
Listing provided courtesy of Rebecca Sun of CENTURY 21 FIRST CANADIAN CORP., BROKERAGE.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2024-06-16T17:21:53.903.
 
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