71 King Street, London | Image 1

71 King Street

London, East K

  • Commercial

$149,999
For Sale

Added 4 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: DA1(8)

  • Age: No Data

  • MLS®#: X9246934

  • Days on Site: 117 Days

  • Added: Aug 09, 2024 (4 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: EXP REALTY

Don't miss this chance to own a charming 1370 sq. ft., fully-equipped, pizzeria. Located at 71 King St, right in the heart of Downtown London. This restaurant is situated in a prime location directly facing Budweiser Gardens and is surrounded by bustling high-rise apartments, offering excellent visibility and foot traffic. Competitive Lease Rate: $2855 plus HST (includes hydro; tenant responsible for gas). Comfortably seats up to 50 patrons indoors and comes with a transferable liquor license. Includes underground parking for 2 vehicles and ample free parking around the building. A list of all equipment included in the sale is available upon request. Please note: The business name is not included in the sale price but can be acquired for an additional $50,000.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: London

  • Community: East K

Inside

  • Bathrooms: 2

  • Air Conditioning: Y

  • Washrooms: 2

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Other

Fees

  • Tax Year: 2024

  • Taxes Type: N/A

Land

  • Cross Street: King St / Ridout St

  • Municipality District: London

  • Lot Depth: 136 Feet

  • Lot Frontage: 179 Feet

  • Zoning: DA1(8)

Commercial Specific

  • Number of Employees: 4

  • Retail Area: 1370

  • Retail Area Metric: Sq Ft

  • Total Area: 1370

  • Total Area Metric: Sq Ft

  • Hours Open: 4-9PM

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 50

  • Business/Building Name: Zenza Pizzeria

  • Financial Statement: Y

  • LLBO: Y

Map of 71 King Street, London
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