186 King Street, Thames Centre | Image 1

186 King Street

Thames Centre, Thorndale

  • Commercial

$97,000
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial Busin

  • Age: No Data

  • Taxes: 2404.56

  • MLS®#: X8484626

  • Days on Site: 1 Days

  • Added: Jun 27, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE SIGNATURE REALTY

Thorndale Family Restaurant, a beloved establishment that has been serving the community in Thames Centre since 1988. This charming property offers a spacious main area spanning 1,585 sqft, complemented by a 450 sqft office space. 5+5+5 year term at $3,750 Gross, including TMIThe restaurant boasts a liquor license for 73. With 200-amp power supply, the establishment is well -equipped to handle the demands of a bustling eatery. Willing to onboard/train new owners and available for immediate possession.Exploding population of the town and only 10 mins away from London (International Airport, Western University). With its rich history and versatile space, this property is primed to continue its legacy as a gathering place for locals and visitors alike.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Thames Centre

  • Community: Thorndale

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 30

Fees

  • Tax Year: 2023

  • Tax Legal Description: LOTS 5 & 6 NORTH KING STREET (FORMERLY QUEEN) PLAN

  • Taxes: $2,405

  • Taxes Type: T.M.I.

Land

  • Cross Street: King St & Temperance

  • Municipality District: Thames Centre

  • Parcel Number: 081550075

  • Sewer: San+Storm

  • Lot Depth: 166.1 Feet

  • Lot Frontage: 100.37 Feet

  • Zoning: Commercial Busin

Commercial Specific

  • Number of Employees: 5

  • Rail: N

  • Retail Area: 1585

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 1585

  • Total Area Metric: Sq Ft

  • Hours Open: 7-7

  • Office Size: 450

  • Office Size Metric: Sq Ft

  • Days Open: 6

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Seats: 73

  • Soil Test: N

  • Business/Building Name: Thorndale Family Restaurant

  • Financial Statement: Y

  • LLBO: Y

Map of 186 King Street, Thames Centre
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