$399,000 FOR SALE

Business for Sale

Restaurant

Lot: 40 x 45 ftTotal Area: 1,800 ft2

130 King St
London, ON N6A 1C5 | Middlesex

Very Popular And Longstanding 17 + Yr Restaurant In Downtown London Aaa Location In Covent Garden Market Facing Budweiser Gardens And The Square. Large 40 Seat Patio With 89 Inside, Open Concept Kitchen With Additional 2nd Kitchen Downstairs With Walk Ins. Underground And Street Parking And Very Busy Location Surrounded By Businesses, Condos, And Pedestrians. Great Consistent Sales Very Good Noi For Hands On Operator. Can Stay Same Or Be Rebranded.

Extras
Exceedingly Low Lease Rate Of $3,350 Gross Plus Percentage Makes This Location Very Profitable. Long Term 5+5+5 Available. Training Can Be Provided. Please Do Not Go Direct, Speak To Staff Or Owner. Thank You.

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Listed By RE/MAX ULTIMATE REALTY INC., Brokerage
MLS® Listing Number X5333327
Last Updated Aug 09, 2021
Property Summary
Property Type Business For Sale
Use Restaurant
Franchise Non-Franchise
Business/Building Name Waldo's On King Bistro & Wine Bar
Category Without Property
Occupancy Tenant
Possession Date Tbd
Directions/Cross Streets King & Richmond
Area Middlesex
Price History
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Detailed Information
Freestanding N
Bathrooms 2
Lot 40 x 45 ft
Total Area 1,800 ft2
Elevator Frt+Pub
Air Conditioning Y
Basement N
Chattels Y
Garage Type Underground
Parking Spaces 100
Days Open 7
Hours Open 1130-9
LLBO Y
Employees 12
Heat Type Gas Forced Air Closd
Financial Statement Y
Outside Storage N
Area Influences Public Transit, Rec Centre
Seats 129
Sprinklers Part
Sewers San+Storm
Utilities A
Water Municipal
Rail N
Lot/Bldg/Unit Code Unit
Zoning Business Commercial
Seller Property Info Statement N

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