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Renanza Realty
For sale

5 - 1086 COMMISSIONERS ROAD E

London South (South J), Ontario

MLS® X13600072

$125,000

Status
Active
Property type
Business
MLS® number
X13600072
Bedrooms
Bathrooms
Year built

Listing description

Busy Plaza - Indian Grocery Store, Bank, Subway, Convenience and other stores in the same plaza.. This is a rare opportunity to own a well-established, highly regarded Indian/Pakistani restaurant in a prime high-traffic location and highly recommended Google reviews. The independent, non-franchise business offers both dine-in and take-out service with seating for 20+ guests and ample surface parking in the plaza.

A fully equipped kitchen includes a 6-burner stove, BBQ grill, naan oven, tandoor, two additional stoves, a walk-in cooler, double-door freezer, a dough-making machine, two extra freezers, water heater, and a complete security camera system and much more. The current owner is retiring and will provide training to ensure a smooth transition. You can also convert this into different cuisine as well.

With shorter operating hours at present, there is strong potential to increase revenue by extending hours or adding catering and tiffin services to capture nearby markets such as students, taxi drivers, and truck drivers (proximity to major truck stops). All equipment, furniture, and leasehold improvements are included in the turnkey sale, along with a long-term lease offering optional renewal terms. AI Image from the front.

Property summary

MLS® number
X13600072
Property type
Business
Square footage
1,297 sq ft
Days on market
34 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.

Estimated monthly payment$582 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX PRESIDENT REALTY, 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.