364 Richmond Street
London East, ON N6A 3C3
About This Property
Prime opportunity to own a pure vegetarian restaurant in the heart of Downtown London. Boasting an excellent Google rating and a strong, loyal customer base, this well-established business offers the perfect foundation for continued success. 1890 sq ft space plus basement space for extra storage, 8 ft range hood, 16 people seating area that can be extended. Change of use is also possible, subject to Landlord approval. Rent per month is $2300 plus tmi and hst. Lease term until Aug 2026 with 5 year renewal.Sales per month about $25k. Lots of parking spots at the back. Seller is willing to train new buyer. Don't miss it.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12817368
Listed by RE/MAX REALTY SERVICES INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$977
/month · $159,999 mortgage
Amortization
Total Interest
$132,987
Total Cost
$292,986
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX REALTY SERVICES INC.