3 - 1426 Fanshawe Park Road W, London North (North E), Ontario

$199,000

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2

Baths

2,400

Square feet

About 3 - 1426 Fanshawe Park Road W

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. (id:6289)

More Info on this North E MLS® listing

3 - 1426 Fanshawe Park Road W is a listing for sale in London North (North E). The MLS® number is X13812946. It features 2 bathrooms and covers 2,400 square feet. It's currently listed for $199,000. For more details on MLS® X13812946, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in North E is available now!

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Features of 3 - 1426 Fanshawe Park Road W

Listing # X13812946
Price $199,000
Bathrooms 2.00
Square Footage 2,400
Type Business

Community Information

Address 3 - 1426 Fanshawe Park Road W
Area North E
Subdivision North E
City London North (North E)
Province Ontario
Postal Code N6G0A4

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description 218 FT

Additional Information

Zoning ASA3/ASA6/ASA8(8)

Listing Details

OfficePRIME REAL ESTATE BROKERAGE

Listing Map

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