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$ 585,000
Est. payment /mo
Active
685 RICHMOND STREET London East, ON N6A5M1
1,808 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1808
Square Footage 1,808 sqft
Price per Sqft $323
Subdivision East F
MLS® Listing ID X13816896
Property Description
Excellent opportunity to own an established Philthy Philly's franchise at 685 Richmond Street, London, Ontario, ideally located in the vibrant downtown area. This established business generates annual sales of over 1.2 million , 100k Monthly sales and offers an excellent opportunity for an owner-operator or investor. Attractive lease terms with approximately 10 years remaining plus an additional 10-year renewal option. Monthly rent is approximately $5,650 including TMI. Benefit from an established franchise brand with LLBO & $0 marketing cost, providing ongoing brand exposure and support. Excellent location with seating capacity of 40 inside 40 patio, surrounded by residential, commercial, entertainment and student activity with strong pedestrian and vehicle traffic. A great opportunity to acquire an established food business with long-term lease security in one of London's active commercial areas. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by HOMELIFE/MIRACLE REALTY LTD
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