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East K, London East, ON N6A 1G4
$49,900
LOCATION, LOCATION, LOCATION! Business for sale in a prime Downtown London location on Dundas Street with excellent exposure and strong pedestrian traffic. Flexible DA1 zoning permits a wide range of uses, including retail, restaurant, café, food service, personal service, office, medical/professional, and entertainment. Current rent is $1,850/month with water included. Utilities, including internet, are approximately $375/month. Insurance is approximately $106.02/month. Existing security system ($33.89/month) and POS system ($149.17/month) may be cancelled by the current owner. Newly renovated with updated electrical system, new grease trap, and updated piping. Buyer is not required to continue the current franchise or brand, allowing flexibility to rebrand or introduce a new concept, subject to landlord approval and applicable requirements. Approximate total monthly overhead, including current services, is ONLY $2,615. Please contact the listing agent for more information. Please do not attend the business directly or speak with staff, as the business is still in operation. All inquiries and showings must be arranged through the listing agent.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. 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.
Property Type
Sale Of Business
Lot Size
16.0 × 62.5 ft
Garage
None
Heating
Baseboard
Cooling
Yes
Possession
Immediate