161 CLARKE ROAD
London East (East H), Ontario
MLS® X13516604
$125,000
- Status
- Active
- Property type
- Business
- MLS® number
- X13516604
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 23Listing description
Excellent opportunity to own a well-established restaurant in a prime, high-traffic location. This successful business has been operating for many years and offers approximately 1,500 sq. ft.
of well-maintained space with excellent visibility and steady customer traffic. The premises feature seating for 24 guests with LLBO licence, a walk-in cooler, walk-in freezer, 6-ft commercial range hood, and a fully equipped kitchen ready for continued operation. Change of use may be possible, subject to landlord and municipal approvals, making this an ideal opportunity for a variety of food concepts.
Please note that Indian cuisine and pizza concepts are not permitted. Attractive lease terms with a current lease in place until May 30, 2030, plus a 5-year renewal option. Affordable base rent of only $2,250/month plus TMI and HST.
A rare chance to establish or expand your business in a sought-after commercial location.
Property summary
- MLS® number
- X13516604
- Property type
- Business
- Days on market
- 60 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $125,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX REALTY SERVICES INC., BRAMPTON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.