NewFor Sale

Unit 3 - 1426 Fanshawe Park Road W
London North, Middlesex, ON, N6G 0A4

Sale Of Business
TRREB
MLS® Number: X13812946
$199,000List Price
Sale Of BusinessProperty Type
2,400 sq ftSize
RestaurantBusiness Type
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Property Location

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Listing History

Buy/sell history for 1426 Fanshawe Park Road W 3, London North, ON N6G 0A4

0 Transactions by CPRB Agents

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Description

Rare turnkey opportunity to acquire a successful, fully established breakfast and family restaurant in London's sought-after Hyde Park commercial corridor. Located at 1426 Fanshawe Park Road West, Unit 3, this approximately 2,400sq. ft. premises features a beautifully maintained 65-seat dining room and a fully equipped commercial kitchen with separate entrance.The business is fully outfitted with an extensive selection of owned equipment and assets, including two fryers, two gas flat-top grills, a charbroiler, a six-burner gas oven, Alto-Shaam equipment and more. The dishwasher and water heater are rented.The current lease term expires April 30, 2027, with one final five-year renewal option available, potentially providing continuity through April 2032. Estimated rent of $8,750.00 / month +hst, which includes base rent, pylon sign rent, and additional rent. Utilities are extra.An experienced, long-standing team is currently in place, including a General Manager and Kitchen Manager and dedicated serving staff. The seller is willing to provide transition support and training to the successful purchaser. The existing brand and trade name are not included, providing the purchaser with the opportunity to introduce their own concept and identity.Purchaser will be subject to the landlord's review and approval.Currently operating only 36 hours per week-Tuesday through Sunday from 8:00 a.m. to 2:00 p.m.-the business offers significant potential to increase revenue by opening seven days a week, introducing evening service, and expanding takeout and delivery channels. An excellent opportunity for an owner-operator, chef or growing hospitality group seeking an established presence in North London. Financials available with a signed Confidentiality Agreement.

Features

No features available

Amenities

No amenities available

Summary

Listing #:X13812946
Property Type:Sale Of Business
Size:2,400 sq ft
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:PRIME REAL ESTATE BROKERAGE

Rooms

Details

Property

Property Type:Sale Of Business
Community:North E
Municipality:Middlesex

Building

Size:2,400 sq ft

Inside

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

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:Hyde park and Fanshawe park rd W

$199,000

List price

Unit 3 - 1426 Fanshawe Park Road W, London North – Sale Of Business for sale