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Last Updated : 632 Days ago
368 Richmond Street, London, ON,

368 Richmond Street, London MLS Number: 40451601

London, Middlesex, ON, N6A 3C3

$239,900

Status:

  • Property Type: Business Opportunity (Commercial)
  • Property Taxes : $0 (Tax Year:2023)
  • Listing Courtesy : Century 21 First Canadian Corp., Brokerage

368 Richmond Street Property Description

A fantastic opportunity to own a Liquor Sales licensed restaurant in heart of London Downtown. This presents a compelling opportunity to transition into a Bar Business with a wet bar ready, complemented by a well-appointed kitchen and comprehensive facilities suitable for a diverse range of culinary offerings.Located close to an array of amenities, including Residential Apartments, schools, Citi Plaza, the library, banks, offices, hotels, Covent Garden Market, Budweiser Gardens, and public transit by the door offering access to all corners of the city. Direct bus to UWO and walking distance to Fanshawe College. Across from the London International Academy High School adds to its investment value. Spanning the main floor, this business offers ample space for both dining and storage. Nearby parking lots and free street parking for up to 2 hours ensure a hassle-free experience for customers. The location boasts excellent visibility with multi-routs bus stops by the building which garnering significant exposure and traffic. Ground size of 2840 sqft & the rent-free full basement storage, this restaurant provides ample room to accommodate 100+ guests. The property features a wet bar with water pipes already in place, facilitating seamless operations for a Bar or a Drink Store. Equipped with 220v electricity, making it highly convenient for various culinary requirements. Upgrades include a new kitchen stove and other appliances in 2020, ensuring a modern and efficient working environment. Tiles (2020); Freshly painted walls and ceilings. 10.2 Foot Kitchen Hood. Legal private VIP rooms for parties on all occasions add a touch of exclusivity and cater to private events and gatherings. Affordable rent with Water and Tax included. Free garbage pickup at front and back doors by the city. Free used grease oil pickup. The lease term spans 2+7 years, providing stability and a long-term vision. No limit on working hours. Please contact the listing agent for showings.

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368 Richmond Street Property Facts

Property Type :Business Opportunity
MLS Number :40451601
Listing Type :Sale
Possession Date :
know more link icon
Last Updated :12 Mar, 2024 (632 Days ago)
Source :LSTAR
Area :Middlesex
City :London
Area Major :East
Area Minor :East K
Postal Code : N6A 3C3
property detail community link icon
Directions :Corner of Richmond and King St.

368 Richmond Street Property Price & Tax Insights

Price : $239,900
Property Taxes :$0
Tax Year :2023

368 Richmond Street, London Property Details

Cross Street :The Home Restaurant

368 Richmond Street, London - Price History

2024-03

12 Mar, 2024

TREB #40451601

Price Change

$239900

368 Richmond Street - Location Map and Landmarks

  • London Health Sciences Centre – Children's, Middlesex 3.12 km
  • London Health Sciences Centre – Victoria's, Middlesex 3.12 km
  • London Health Sciences Centre – University, Middlesex 3.92 km
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