515 Wellington Road, London | Image 1

515 Wellington Road

London

  • Commercial

$499,900
For Sale

Added 3 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial-Retai

  • Age: 0-5 years

  • Taxes: 4200

  • MLS®#: X8016230

  • Days on Site: 99 Days

  • Added: Jan 22, 2024 (3 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX GOLD REALTY INC.

**Very successful running business meat shop/Indian Cuisine** from year and half in Great location On High Traffic Road Close To 2 Hospitals.Professionally Managed Plaza. Located Kitty Corner , Just North Of Victoria Hospital & Across From Parkwood Hospital On Wellington Rd. S. About Half Way Between Downtown Core And hwy 401.Located In The Heart Of London .Commercial Strip. DailyTraffic Count-Over 40,000 Cars! * * 68 Car Parking On Site! Great potential to own this business- Dine in and take out. You could do LLBO and expand your horizons.Busy attractive location close proximity to Freshco, shoppers drug mart and many other great stores.Rent is very low $5000 including HST And TMI.Kitchen area about 1200 soft,Great reception area.24 Seating capacity, with great food quality.The sellers already making above $500,000/year and it continues to grow with repeated and new clientele.*** Motivated Sellers,Bring Your Best Offer***

Extras

All equipment is only 1 year old and is included in sale price.Full Training will be provided to the right candidate for this Indian Restaurant which is quite famous among the various communities in London for their excellent food quality.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Age: 0-5

  • Area: London

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes: $4,200

  • Expenses: Est

  • Taxes Type: Annual

Land

  • Cross Street: Wellington/Commissio

  • Municipality District: London

  • Zoning: Commercial-Retai

Commercial Specific

  • Number of Employees: 4

  • Retail Area: 2300

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 2300

  • Total Area Metric: Sq Ft

  • Hours Open: 11-10

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 24

  • Financial Statement: Y

  • LLBO: N

JK-8

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Catholic Central High School

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