$299,990 FOR SALE

Business for Sale

Restaurant

Lot: 97.06 x 94.1 ftTotal Area: 1,975 ft2
2023 Taxes: $85,941

551 Richmond St #1
London, ON N6A 3E9 | East F | Middlesex

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.

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Listed By RE/MAX ADVANTAGE REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9393373
Last Updated Oct 11, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Category Without Property
Occupancy Tenant
Taxes (2023) $85,941
Tax Type Annual
Directions/Cross Streets South on Richmond St. From Oxford
Neighbourhood East F
Area Middlesex
Price History
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Detailed Information
Freestanding N
Lot 97.06 x 94.1 ft
Retail Area 100 percent
Total Area 1,975 ft2
Elevator None
Air Conditioning Y
Basement Y
Chattels Y
Garage Type None
Parking Spaces 2
Days Open 7
Hours Open 5pm-3 a
LLBO Y
Employees 10
Heat Type Gas Forced Air Closd
Financial Statement Y
Expenses Actual/Estimated Est
Seats 48
Sprinklers Y
Sewers Sanitary
Utilities Y
Water Municipal
Clear Height 10 feet
Drive-In Level Shipping Doors 1
Drive-In Level Shipping Doors Width 5 feet
Drive-In Level Shipping Doors Height 10 feet
Rail N
Lot/Bldg/Unit Code Building
Zoning BDC
Seller Property Info Statement N

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