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$74,900
Available - For Sale
Listing ID: X11958979
390 RICHMOND St , London, N6A 3C9, Ontario
Prime location downtown London Ontario. Close to commercial and Fanshawe College Downtown campus. Very well-established Restaurant from 1985. Loyal clients. Its 1700 sq. feet area. Seventy-nine sitting capacities with LCBO License. At present we use 40 chairs and tables. Newly renovated tastefully, which gives a new look. He and she washrooms. The owner is willing to train the new buyers. Its worth viewing it. Monthly rent is 2500+HST for 5 years. A new five-year option to renew the lease is available. All the income and expenses statements are confidential. Its an excellent opportunity to enter the restaurant business. This is a non-franchise restaurant offering both dine-in and take-out services.
Price $74,900
Taxes: $0
Tax Type: N/A
Occupancy by: Owner
Address: 390 RICHMOND St , London, N6A 3C9, Ontario
Postal Code: N6A 3C9
Province/State: Ontario
Lot Size: 11 x 110 (Feet)
Directions/Cross Streets: Richmond and Dundas
Zoning: commercial
Category: Without Property
Use: Restaurant
Total Area: 1,700
Total Area Code:  Sq Ft
Retail Area: 1700
Retail Area Code: Sq Ft
Business/Building Name: Jewel of India Fine Indian Cuisine
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: As per
Employees #: 2
Seats: 40
LLBO: Y
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KING REALTY INC.

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