$109,900
Available - For Sale
Listing ID: X11922216
186 King St , London, N6A 1C7, Ontario


Very successful restaurant for sale! It is located in downtown London, surrounded by high-rise to HVAC units plus washrooms. The lease is expires on March 31,2028 with another 5 year which is gross and includes all utilities, heating & A/C, water prepaid, repairs maintenance downtown campus. It also has a contract with Chinese Academy school to provides meals to the students. The restaurant is about 1587 SQFT with 55 seats and an extra storage. Great Lease residential buildings, government offices, banks, Chinese Academy school and Fanshawe College extension. Brand is not for sale. Please ask the listing agent for more information.
Price $109,900
Taxes: $1.00
Tax Type: Annual
Occupancy by: Tenant
Address: 186 King St , London, N6A 1C7, Ontario
Postal Code: N6A 1C7
Province/State: Ontario
Legal Description: UNIT 1, LEVEL A, MIDDLESEX STANDARD COND
Lot Size: 84.70 x 198.00 (Feet)
Directions/Cross Streets: RICHMOND ST EAST TO KING ST
Category: Without Property
Use: Restaurant
Building Percentage: N
Retail Area: 1587
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Approximatly Age: 31-50
Business/Building Name: RAIN & SUNNY CHINESE NOODLES
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 11 AM-9
Employees #: 0
Seats: 55
LLBO: N
Sprinklers: Y
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: Public
Sewers: Sanitary
Water: Municipal
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
STREETCITY REALTY INC.
Personal Picture
Kambiz Farsian
Sales Representative
Dir:
416-317-4438
Bus:
905-695-7888
Fax:
905-695-0900
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Sale Of Business
Area: Middlesex
Municipality: London
Neighbourhood: East F
Style:
Lot Size: 84.70 x 198.00(Feet)
Approximate Age: 31-50
Tax: $1
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years