905-616-8822 905-639-7676
12
$49,000 Sale
Listed 4 hours ago
186 KING STREET
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· 2.0
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Key Facts
Key facts for 186 KING STREET
Property Type
Commercial
Parking
Garage: No, 0 parking
MLS #
X12467339
Size
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Basement
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Listed on
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Lot size
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Tax
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Days on Market
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Year Built
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Maintenance Fee
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Description
This restaurant is for lease with a security deposit of $49,000. Thorndale Family Restaurant has been serving the community since 1988. The sellers are willing to help accommodate improvements to the property and will consider accepting the renovations in lieu of a security deposit. Currently it off...ers a spacious seating area spanning 1,585 sq ft, while also providing 450 sqft office space on the upper level. The restaurant boasts a liquor license for 73, with 200-amp power supply. The Owners are willing to onboard/train new owners. A new lease will be negotiated with a 5 yr term with additional three 5 year renewal terms available. Thorndale is a busy community only 10 mins away from London (International Airport, Western University, Fanshawe College, pop approx 420,000+ ). With a new owner this property is primed to continue its legacy as a gathering place (id:10452)
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Listing courtesy of: EXP REALTY
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