NewFor Sale

186 KING Street
Thames Centre, Middlesex, ON, N0M 2P0

Sale Of Business
TRREB
MLS® Number: X12467339
$49,000List Price
Sale Of BusinessProperty Type
163.34 x 100.37Lot Size
$2,317 / 2024Taxes (Annual)
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Listing History

Buy/sell history for 186 KING Street, Thames Centre, ON N0M 2P0

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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

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$2,317 / 2024
Listing #:X12467339
Property Type:Sale Of Business
Land Size:163.34 x 100.37
Days on CPRB:
Garage:Double Detached
Locker:None
On CPRB Since:
Listing Brokerage:EXP REALTY

Rooms

Details

Property

Property Type:Sale Of Business
Community:Thorndale
Municipality:Middlesex

Inside

Bedrooms:0
Bathrooms:2
Kitchens:0
Family Room:No

Parking

Garage Type:Double Detached
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:Temperance

$49,000

List price

186 KING Street, Thames Centre – Sale Of Business for sale · MLS® # X12467339