#3, 109 London Road, Sarnia | Image 1

#3, 109 London Road

Sarnia, Sarnia

  • Commercial

$XXX,XXX
For Sale

Added 1 week ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: COMMERCIAL

  • Age: No Data

  • MLS®#: X11976879

  • Days on Site: 5 Days

  • Added: Feb 13, 2025 (1 week ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: COLDWELL BANKER SOUTHWEST REALTY

This well-established restaurant has been serving the community for nearly a decade and enjoys an excellent reputation. Situated in a highly desirable area with ample parking, it offers great accessibility for customers. The lease is secured until February 28, 2026, with the landlord open to extensions.Financially appealing, the current base rent is $1,562.50 per month ($12.50/sq ft), with additional rent including TMI and snow removalat $13.60/sq ft (2023 figures). The restaurant generates strong weekly sales of $7,000$8,000.The asking price includes all leasehold improvements and appliances (detailed list attached). Please note that the seller will be retaining the restaurants name. Dont miss this fantastic opportunity to take over a thriving business in a top-tier location!

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Sarnia

  • Community: Sarnia

  • Availability Date: NEGOTIABLE

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: Y

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Expenses: Est

  • Taxes Type: N/A

Land

  • Cross Street: LONDON ROAD

  • Municipality District: Sarnia

  • Sewer: Sanitary

  • Zoning: COMMERCIAL

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 1500

  • Retail Area Metric: Sq Ft

  • Total Area: 1500

  • Total Area Metric: Sq Ft

  • Hours Open: 11AM-2P

  • Area Influence: Public Transit

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Seats: 35

  • Business/Building Name: SPICE N ICE (EAST INDIAN CUISINE) LTD

  • Financial Statement: N

  • Gross Income/Sales: 7500

  • LLBO: Y

Map of #3, 109 London Road, Sarnia
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21-1362 Lambton Mall Road, Sarnia | MLS: X11946905
For Sale
3 weeks ago
$168,000
  • 1 bath
  • 0 bed

21-1362 Lambton Mall Road, Sarnia, Ontario • N7S 5A1 • Sarnia