405 Wharncliffe Road Unit Unit 1
South E / London South, ON N6J 2M3
About This Property
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 for40+ guests and ample surface parking in the plaza. A fully equipped kitchen includes a 6-burnerstove with oven, two 6feet exhaust hods( Total 12 Feet), one fryer, tandoor, one additional stove, a walk-in cooler, a walk in freezer, Ice maker, a dough-making machine, 4 microwaves, Speaker systems 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 like 4booths with chairs, four center table with chairs and all crockery and cutlery and small and big utensils and many more. Only restaurant setup ( infrastructure ) for sale not brand name.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13535090
Listed by RIGHT AT HOME REALTY
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
$1,074
/month · $176,000 mortgage
Amortization
Total Interest
$146,287
Total Cost
$322,287
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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