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Deepak Sharma

Broker
Remax Royal Properties Realty Brokerage, Brokerage Independently owned and operated. 7595 Markham Rd #19 , Markham, Ontario L3S0B6 Cell: 647-229-0670Office: 905-554-0101

$149,000
Available - For Sale
Listing ID: X9378062
691 Richmond St , Unit 1, London, N6A 5M1, Ontario


Someplace Else London Social is a popular nightclub, lounge, and restobar located in a prime location on London's Richmond Row. This is a great spot to be and it is surrounded by the city's most popular bars and restaurants. 1,053 sq ft layout that is very easy to run and manage. Currently only open Thursday to Saturday it is available with training or it can be rebranded into another concept or brand. 200-amppower with full DJ booth, sound system, bar, leaseholds, and more.
Extras:   Very attractive lease rate of $3,486 gross rent including TMI with 8 + 5 + 5 years remaining. Big liquor license for its size of 60 + 30 on the enclosed patio that faces the street. Tons of parking options nearby.
Price $149,000
Taxes: $0.00
Tax Type: T.M.I.
Occupancy by: Owner
Address: 691 Richmond St , Unit 1, London, N6A 5M1, Ontario
Apt/Unit: 1
Postal Code: N6A 5M1
Province/State: Ontario
Legal Description: PARCEL 1-7,S ECTION 33-L-183 (W) PT L1 S
Lot Size: 18.00 x 58.50 (Feet)
Directions/Cross Streets: Richmond & Oxford
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 1053.00
Total Area Code:  Sq Ft
Retail Area: 1053
Retail Area Code: Sq Ft
Area Influences: Public Transit   Rec Centre
Business/Building Name: SPE London Social
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 5
Hours Open: 10-2
Employees #: 10
Seats: 90
LLBO: Y
Sprinklers: N
Washrooms: 3
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Volts: 200
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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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.

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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.
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Deepak Sharma
Broker
Dir:
647-229-0670
Bus:
905-554-0101
 
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At a Glance:
Type: Com - Sale Of Business
Area: Middlesex
Municipality: London
Neighbourhood: South BB
Style:
Lot Size: 18.00 x 58.50(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths: 3
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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