01-551 Richmond Street, London | Image 1

01-551 Richmond Street

London, East F

  • Commercial

$299,990
For Sale

Added 1 week ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: BDC

  • Age: No Data

  • Taxes: 85941

  • MLS®#: X9393373

  • Days on Site: 4 Days

  • Added: Oct 11, 2024 (1 week ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: RE/MAX ADVANTAGE REALTY LTD.

Prime 1,975 sq ft turnkey restaurant opportunity on bustling Richmond Row in London. Enjoy high visibility and foot traffic from the vibrant student population with proximity to both Western University and Fanshawe College. This well-equipped restaurant features a walk-in freezer, fridge, fryer, and hood, as well as an LLBO license and patio seating. The recently renovated basement offers additional prep space, perfect for expanding your operation. Zoned for a wide range of uses and with along lease remaining, this is an exceptional opportunity for a restaurant or business owner looking to capitalize on a thriving location.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: London

  • Community: East F

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2023

  • Taxes: $85,941

  • Expenses: Est

  • Taxes Type: Annual

Land

  • Cross Street: South on Richmond St

  • Municipality District: London

  • Sewer: Sanitary

  • Lot Depth: 94.1 Feet

  • Lot Frontage: 97.06 Feet

  • Zoning: BDC

Shipping Doors

  • Drive Height (ft): 10

  • Drive Width (ft): 5

  • Clearing Height (ft): 10

Commercial Specific

  • Number of Employees: 10

  • Shipping Doors Drive In Level: 1

  • Rail: N

  • Retail Area: 100

  • Retail Area Metric: %

  • Sprinklers: Y

  • Total Area: 1975

  • Total Area Metric: Sq Ft

  • Hours Open: 5pm-3 a

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Seats: 48

  • Financial Statement: Y

  • LLBO: Y

Map of 01-551 Richmond Street, London
JK-8

St Michael

Elementary: Catholic
1.78 km
JK-8

Victoria Public School

Elementary: Public
1.93 km
JK-8

St Georges Public School

Elementary: Public
1.07 km
JK-8

Ryerson Public School

Elementary: Public
1.77 km
K-8

Lord Roberts Public School

Elementary: Public
0.97 km
K-8

Jeanne-Sauvé Public School

Elementary: Public
1.04 km
9-12

École secondaire Gabriel-Dumont

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3.33 km
9-12

École secondaire catholique École secondaire Monseigneur-Bruyère

Secondary: Catholic
3.32 km
9-12

London South Collegiate Institute

Secondary: Public
2.29 km
9-12

London Central Secondary School

Secondary: Public
0.52 km
9-12

Catholic Central High School

Secondary: Catholic
0.96 km
9-12

H B Beal Secondary School

Secondary: Public
1.35 km
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