631 Commissioners Road East, London | Image 1

631 Commissioners Road East

London

  • Commercial

$399,999
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Asa1, Asa2, Asa3

  • Age: 6-15 years

  • MLS®#: X8200826

  • Days on Site: 1 Days

  • Added: Apr 03, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: CIRCLE REAL ESTATE

***Location Location Location*** Well-Established Oh Bombay Indian & Hakka Restaurant Located in Prime Plaza w/Great Exposure in One of Busiest Parts of City. $$$ Spent on Renos & Set Up for Fine-Dining Experience. AAA Tenants in Plaza like Starbucks, FreshCo, Montanas, BMO, Shoppers Drug Mart, Pet Valu and Many More Alike. Ample Parking Space. Excellent Authentic Google Reviews w/Repeat Customers. Can Keep the Concept or Rebrand. Ideal location for Restaurant/Retail Business. New Condos and Wellington Gateway Expansion in Near Future. Surrounded by Busy Vic Hospital, Lots of Retail, Commercial & Residential Neighborhood. Near Fanshaw Campus for International Students. Do Not Miss This Opportunity, Once It's Gone Cannot Be Replicated.

Extras

Reasonable Rent $27 psf plus T.M.I & HST, L.L.B.O for 50 Seats. Huge Walk-In Cooler. Two Exhaust Hoods. Sub-Lease w/Option to Renew 5 + 5 Year.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Age: 6-15

  • Area: London

  • Availability Date: TBD

Inside

  • Bathrooms: 3

  • Air Conditioning: Y

  • Washrooms: 3

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • UFFI: No

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: Y

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2023

  • Taxes Type: T.M.I.

Land

  • Cross Street: Wellington/Commissio

  • Municipality District: London

  • Sewer: San+Storm

  • Zoning: Asa1, Asa2, Asa3

Commercial Specific

  • Number of Employees: 8

  • Rail: N

  • Retail Area: 2241

  • Retail Area Metric: Sq Ft

  • Total Area: 2241

  • Total Area Metric: Sq Ft

  • Hours Open: 11

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Franchise: Y

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Unit

  • Survey: N

  • Seats: 50

  • Soil Test: N

  • Business/Building Name: Wellington Corners

  • Financial Statement: N

  • LLBO: Y

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