8 - 360 Springbank Drive, London South, Ontario N6J 1G5

Listed for:
$199,999
0 beds
0 baths
Listed 16 days ago
8 - 360 Springbank Drive, London South, Ontario N6J 1G5

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About

Cross Streets: Springbank Drive. ** Directions: COMING FROM EAST ON SPRINGBANK, TURN LEFT ONTO KERNOHAN PKWY. Chattels-only sale opportunity at 360 Springbank Drive with an attractive lease rate! This 3,500 sf prime corner unit is situated in a well-established plaza in Springbank, one of London's most sought-after neighbourhoods, with excellent exposure and ample free parking. The premises feature a fully built-out restaurant with a large turnkey commercial kitchen and bar, including over 15 feet of commercial exhaust hood, walk-in cooler, walk-in freezer, dishwashing equipment, flat-top grill, gas grill, prep tables, and much more. The exterior offers a newly constructed covered and heated patio, plus a separate uncovered patio area. The restaurant was previously licensed for up to 132 patrons indoors and 50 patrons on the patio. Existing bar includes 4 under counter coolers and a keg dispensing cooler. Additional features include three renovated washrooms and an active liquor sales licence, subject to AGCO approval and transfer requirements. Lease rate is $24.00 per sq. ft. net, plus approximately $8.50 per sq. ft. TMI, totalling approximately $9,479.17 per month plus HST and utilities. Chattels only-the existing business and trade name are not included. All information is to be independently verified by the buyer. (id:27476)

Property Highlights

MLS® Number
X13784136
Type
Business
Community Name
South D
Land Size
252.15 x 203.9 FT

Building

Square Footage
3500 sqft
Amenities
Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
EXP REALTY
MLS® number:
X13784136
Agent:
Rami Rahy
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