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$ 399,999
Est. payment /mo
Price Dropped by $50K
1631 oxford ST E #1 London East, ON N5V 2Z4
2 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision East H
MLS Listing ID X12453136
Annual Tax Amount $17
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Client Remarks ; EXCELLENT EXPOSURE - Located across the street from Fanshawe Collage, this prime location is sure to have lots of walk in and drive up traffic. This end cap unit is currently configured as a restaurant with patio. All kitchen infrastructure is in place. This 1793 square foot unit is zoned to permit many uses. Plaza is well maintained offering a pylon sign and plenty of onsite parking. This is not an opportunity you will want to pass up. Come see it for yourself today .Buyer may continue the existing setup or implement their own restaurant concept and branding. The existing business name is not included, and the buyer is not required to operate the current business. Purchase price includes all equipment and chattels, offering a rare opportunity to acquire a restaurant with a fully functional commercial kitchen already in place, including Big hood and exhaust, grease trap, walk-in freezer and coolers, all kitchen equipment, tables, and chairs. The in dine capacity is around more than 50.The unit features two public washrooms and one staff washroom. An attractive existing lease may be assumed by a qualified purchaser subject to landlord approval, or a new lease may be negotiated. The landlord of the unit and franchiser has given max relief in rent and royalty due to this financial hardship.
Location
Province ON
County Middlesex
Community East H
Area Middlesex
Zoning CC2(4)/SS
Interior
Cooling Yes
Inclusions ALL APPLIANCES, WALKIN FRIDGE AND FREEZER , FRYER , STOVES . MICROWAVES , BIG HOOD AND OTHER ATTACHED TO THE PROPERTY BUSINESS Please Include Schedule B1 With All Offers
Exterior
Lot Frontage 183.33
Others
ParcelsYN No
Listed by EXP REALTY