REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 49,000
Est. payment /mo
Active
186 KING ST Thames Centre, ON N0M 2P0
2 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Thorndale
MLS Listing ID X12467339
Annual Tax Amount $2,317
Tax Year 2024
Property Sub-Type Sale Of Business
Lot Depth 100.37
Lot Front 163.34
Property Description
This restaurant is for lease with a security deposit of $49,000. Thorndale Family Restaurant has been serving the community since 1988. The sellers are willing to help accommodate improvements to the property and will consider accepting the renovations in lieu of a security deposit. Currently it offers a spacious seating area spanning 1,585 sq ft, while also providing 450 sqft office space on the upper level. The restaurant boasts a liquor license for 73, with 200-amp power supply. The Owners are willing to onboard/train new owners. A new lease will be negotiated with a 5 yr term with additional three 5 year renewal terms available. Thorndale is a busy community only 10 mins away from London (International Airport, Western University, Fanshawe College, pop approx 420,000+ ). With a new owner this property is primed to continue its legacy as a gathering place
Location
Province ON
County Middlesex
Community Thorndale
Area Middlesex
Interior
Cooling Yes
Exterior
Lot Frontage 163.34
Lot Depth 100.37
Others
ParcelsYN No
Listed by EXP REALTY
GET MORE INFORMATION
QUICK SEARCH