430 Wellington Street, London | Image 1

430 Wellington Street

London, East F

  • Commercial

$149,000
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Bakery

  • Zoning: DA2

  • Age: 6-15 years

  • MLS®#: X11922284

  • Days on Site: 28 Days

  • Added: Jan 14, 2025 (1 month ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: ROYAL LEPAGE TRILAND REALTY

Welcome to 430 Wellington, a well-established bakery and cafe located in the heart of downtown London, offering a delightful mix of European desserts, waffles, donuts, croissants, sandwiches, cocktails, and more. This charming cafe, known for its high-quality sweets and cozy atmosphere, has built a loyal customer base, providing a perfect spot for both locals and tourists to unwind and enjoy delicious treats. With a prime location on a rapid transit boulevard attracting a traffic volume of over 21,000 daily, the cafe benefits from steady foot and vehicle traffic from students, professionals, downtown visitors and residents. The cafe features a beautiful patio with stunning views, providing an inviting space for guests to relax in the bustling downtown area. In addition, the City of London is committed to enhancing the Core Area, ensuring continued growth and opportunity. This is a turnkey business with strong community support, licensed for alcohol, and excellent potential for further expansion or additional ventures. The current owner is willing to provide training to ensure a smooth transition. Don't miss your chance to acquire a profitable, respected establishment with significant growth potential in London's vibrant downtown area. **EXTRAS** Attractive Lease Rent of $3,209.20.

Extras

Attractive Lease Rent of $3,209.20.

Property

  • Status: Sale

  • Type: Bakery

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Age: 6-15

  • Area: London

  • Community: East F

  • Availability Date: FLEXIBLE

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 1 SE QUEENS AV AS IN 810210; LONDON

  • Taxes Type: Annual

Land

  • Cross Street: NEAR THE INTERSECTIO

  • Municipality District: London

  • Parcel Number: 082650034

  • Sewer: Sanitary

  • Lot Depth: 45 Feet

  • Lot Frontage: 30 Feet

  • Zoning: DA2

Commercial Specific

  • Number of Employees: 4

  • Retail Area: 1344

  • Retail Area Metric: Sq Ft

  • Total Area: 1344

  • Total Area Metric: Sq Ft

  • Hours Open: 9-5

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 30

  • Financial Statement: Y

  • LLBO: Y

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