$149,999
Available - For Sale
Listing ID: X13784136
360 Springbank Drive , London South, N6J 1G5, Middlesex
| Chattels-only sale opportunity at 360 Springbank Drive with an attractive lease rate! This 3,500 sf prime corner unit is situated in a well-established plaza in Springbank, one of London's most sought-after neighbourhoods, with excellent exposure and ample free parking. The premises feature a fully built-out restaurant with a large turnkey commercial kitchen and bar, including over 15 feet of commercial exhaust hood, walk-in cooler, walk-in freezer, dishwashing equipment, flat-top grill, gas grill, prep tables, and much more. The exterior offers a newly constructed covered and heated patio, plus a separate uncovered patio area. The restaurant was previously licensed for up to 132 patrons indoors and 50 patrons on the patio. Existing bar includes 4 under counter coolers and a keg dispensing cooler. Additional features include three renovated washrooms and an active liquor sales licence, subject to AGCO approval and transfer requirements. Lease rate is $24.00 per sq. ft. net, plus approximately $8.50 per sq. ft. TMI, totalling approximately $9,479.17 per month plus HST and utilities. Chattels only-the existing business and trade name are not included. All information is to be independently verified by the buyer. |
| Price | $149,999 |
| Taxes: | $8.50 |
| Tax Type: | TMI |
| Occupancy: | Vacant |
| Address: | 360 Springbank Drive , London South, N6J 1G5, Middlesex |
| Postal Code: | N6J 1G5 |
| Province/State: | Middlesex |
| Directions/Cross Streets: | Springbank Drive |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Total Area: | 3500.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Hours Open: | 0 |
| Employees #: | 0 |
| Seats: | 132 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
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Rocky Li
Realtor
Dir:
416-567-3688
Bus:
905-604-6855
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Middlesex |
| Municipality: | London South |
| Neighbourhood: | South D |
| Tax: | $8.5 |
| Fireplace: | N |
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