• Mobile: 416-574-5561
  • Office: 905-731-2000
  • Fax: 905-886-7556

$299,990
Available - For Sale
Listing ID: X9393373
551 Richmond St , Unit 1, London, N6A 3E9, Ontario


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.
Price $299,990
Taxes: $85941.00
Tax Type: Annual
Occupancy by: Tenant
Address: 551 Richmond St , Unit 1, London, N6A 3E9, Ontario
Apt/Unit: 1
Postal Code: N6A 3E9
Province/State: Ontario
Lot Size: 97.06 x 94.10 (Feet)
Directions/Cross Streets: South on Richmond St. From Oxford
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 1975.00
Total Area Code:  Sq Ft
Retail Area: 100
Retail Area Code: %
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 5pm-3 a
Employees #: 10
Seats: 48
LLBO: Y
Expenses Actual/Estimated: $Est
Sprinklers: Y
Rail: N
Clear Height Feet: 10
Drive-In Level Shipping Doors #: 1
  Height Feet: 10
  Width Feet: 5
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: Sanitary
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ADVANTAGE REALTY LTD.
Personal Picture
Nazila Tavakkolinamin
Sales Representative
Dir:
416-574-5561
Bus:
905-731-2000
Fax:
905-886-7556
 
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At a Glance:
Type: Com - Sale Of Business
Area: Middlesex
Municipality: London
Neighbourhood: East F
Style:
Lot Size: 97.06 x 94.10(Feet)
Approximate Age:
Tax: $85,941
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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