390 RICHMOND Street, London | Image 1

390 RICHMOND Street

London, East K

  • Commercial

$74,900
For Sale

Added 2 weeks ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: commercial

  • Age: No Data

  • MLS®#: X11958979

  • Days on Site: 10 Days

  • Added: Feb 05, 2025 (2 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: KING REALTY INC.

Prime location downtown London Ontario. Close to commercial and Fanshawe College Downtown campus. Very well-established Restaurant from 1985. Loyal clients. Its 1700 sq. feet area. Seventy-nine sitting capacities with LCBO License. At present we use 40 chairs and tables. Newly renovated tastefully, which gives a new look. He and she washrooms. The owner is willing to train the new buyers. Its worth viewing it. Monthly rent is 2500+HST for 5 years. A new five-year option to renew the lease is available. All the income and expenses statements are confidential. Its an excellent opportunity to enter the restaurant business. This is a non-franchise restaurant offering both dine-in and take-out services.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: London

  • Community: East K

  • Availability Date: ASAP

Inside

  • Air Conditioning: Y

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes Type: N/A

Land

  • Cross Street: Richmond and Dundas

  • Municipality District: London

  • Lot Depth: 110 Feet

  • Lot Frontage: 11 Feet

  • Zoning: commercial

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 1700

  • Retail Area Metric: Sq Ft

  • Total Area: 1700

  • Total Area Metric: Sq Ft

  • Hours Open: As per

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Seats: 40

  • Business/Building Name: Jewel of India Fine Indian Cuisine

  • Financial Statement: N

  • LLBO: Y

Map of 390 RICHMOND Street, London
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