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• 742 Richmond St, London, ON N6A 3H3

$549,999 ^{FOR SALE}

Business for Sale

Restaurant

Lot: 34 x 131 ft

742 Richmond St
London, ON N6A 3H3 | Middlesex

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Location, Location! This Prime Location Is On Richmond Street, Just South Of Oxford St. Public Transit Thru Richmond St. Direct to University. Public Metered Parking At The Rear. This Established BBQ Restaurant Has Been Fully Renovated and Operated For Eight Years. It Is Sprawling Out Over 2,868 Sqf (+/-) With Liquor License For 92 Sittings. 24 Grill Stove/Tables, Well Maintained Kitchen Equipped With 18ft Rang Hood, New HS7 Hobart Automatic Meat Slicer, Walk-in Freezer, Refrigerators, 72" Salad Top, and Bubble Tea Equipment. Reception Counter & Machine. All Restaurant Chattels Included. Turnkey As This Business Has Everything You Need To Continue Operating. Expandable Hours And Menu For Additional Revenue.

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Listed By	MEHOME REALTY (ONTARIO) INC.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X7273844
Last Updated	Mar 21, 2024

Property Summary

Property Type	Business For Sale More like this: London Business For Sale
Use	Restaurant
Franchise	Non-Franchise
Business/Building Name	K Grill
Category	Without Property
Maximum Rental Term	108
Occupancy	Tenant
Possession Date	Immediate
Directions/Cross Streets	Richmond St. And Oxford St.
Area	Middlesex

Price History

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Detailed Information

Freestanding	N
Lot	34 x 131 ft
Industrial Area	2,868 ft2
Approximate Age	6-15
Air Conditioning	Y
Basement	N
Chattels	Y
Garage Type	Outside/Surface
Days Open	5
Hours Open	50
LLBO	Y
Employees	8
Heat Type	Gas Forced Air Open
Financial Statement	N
Hydro Expense	$1,500
Heat Expenses	$700
Year Expenses	$2,023
Expenses Actual/Estimated	Act
Seats	92
Sprinklers	Y
Utilities	A
Water	Municipal
Lot/Bldg/Unit Code	Unit
Zoning	COMMERCIAL
Seller Property Info Statement	N

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