186 King Street, London | Image 1

186 King Street

London, East F

  • Commercial

$89,900
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: H-3,DA1(9),D350

  • Age: 31-50 years

  • Taxes: 1

  • MLS®#: X11922216

  • Days on Site: 55 Days

  • Added: Jan 14, 2025 (2 months ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • Listed By: STREETCITY REALTY INC.

Very successful restaurant for sale! It is located in downtown London, surrounded by high-rise to HVAC units plus washrooms. The lease is expires on March 31,2028 with another 5 year which is gross and includes all utilities, heating & A/C, water prepaid, repairs maintenance downtown campus. It also has a contract with Chinese Academy school to provides meals to the students. The restaurant is about 1587 SQFT with 55 seats and an extra storage. Great Lease residential buildings, government offices, banks, Chinese Academy school and Fanshawe College extension. Brand is not for sale. Please ask the listing agent for more information.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Age: 31-50

  • Area: London

  • Community: East F

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: Public

  • UFFI: No

  • Energy Certificate: N

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: UNIT 1, LEVEL A, MIDDLESEX STANDARD CONDOMINIUM PL

  • Taxes: $1

  • Taxes Type: Annual

Land

  • Cross Street: RICHMOND ST EAST TO

  • Municipality District: London

  • Parcel Number: 091650182

  • Sewer: Sanitary

  • Lot Depth: 198 Feet

  • Lot Frontage: 84.7 Feet

  • Zoning: H-3,DA1(9),D350

Commercial Specific

  • Rail: N

  • Retail Area: 1587

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Hours Open: 11 AM-9

  • Area Influence: Public Transit

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Unit

  • Survey: N

  • Seats: 55

  • Soil Test: N

  • Business/Building Name: RAIN & SUNNY CHINESE NOODLES

  • Financial Statement: Y

  • LLBO: N

JK-8

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