348 Dundas Street, London | Image 1

348 Dundas Street

London, East F

  • Commercial

$149,000
For Sale

Added 2 days ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: DA2

  • Age: No Data

  • MLS®#: X11907411

  • Days on Site: 1 Days

  • Added: Jan 03, 2025 (2 days ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: SAVE MAX ACHIEVERS REALTY

Seize the opportunity to own, a thriving and well-established restaurant in London, ON. Welcome to Raajbhog. Experience the best of Indian cuisine at this popular restaurant with seating for 85 guests indoors, complemented by warm lighting and relaxing decor, it offers a welcoming and Royal atmosphere for all. Located at a prime corner in a busy plaza on Dundas and Waterloo Street, this spot enjoys constant traffic as a key connection for London interchange roads. The location is highly visible and easily accessible. This business can be rebranded to suit your own concept, cuisine, or franchise. This fully equipped space includes a 12-foot commercial hood, an 8x8ft walk-in cooler, Tandoor oven, Commercial dough mixer, Deep fryer, 6-burner stovetop, prep tables, and more. and the sale includes tables, chairs, and other essential equipment (full chattels list available}. The service area has Draught Beer cooler and Espresso Machine. Additional bonus space in the basement comprises of Washroom, Storage space, Office area. The Rent is $7529.50 plus HST and TMI and utilities monthly. Sprawling out over 4107 sq/ft (+/-) and licensed for 85, bring your concept and turn the key with endless opportunities including but not limited to restaurant/bar, breakfast restaurant, lounge, fine dining, dinner and much more. Sale price includes all existing restaurant equipment, chattels/fixtures, attractive ten-year lease term and endless opportunity to thrive! Restaurant has a mutual agreement with the parking lot across the street which provides your customers with FREE parking. Additionally, 6 exclusive parking spots are allocated to the restaurant behind the building. Don't miss this rare opportunity to establish your restaurant in one of the citys most sought-after locations. And take this business to new heights and make your mark in the food industry!------Extra------- Do not go direct or Talk to the Employees.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: London

  • Community: East F

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Energy Certificate: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

  • Covered Parking Spaces: 6

Fees

  • Tax Year: 2024

  • Taxes Type: N/A

Land

  • Cross Street: Dundas st / Waterloo

  • Municipality District: London

  • Parcel Number: 082710082

  • Zoning: DA2

Commercial Specific

  • Number of Employees: 5

  • Retail Area: 4107

  • Retail Area Metric: Sq Ft

  • Hours Open: 56

  • Area Influence: Public Transit

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Seats: 85

  • Business/Building Name: Raajbhog

  • Financial Statement: N

  • LLBO: N

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