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$12,500
Available - For Rent
Listing ID: X12370438
Take advantage of this rare opportunity to lease a fully equipped, exquisite, and licensed restaurant in the heart of London's vibrant Richmond Row. This location is a standout destination for locals and visitors alike. Just steps from major venues like Budweiser Gardens and Canada Life Place, it is the perfect pre or post event dining spot. The area is lively and walkable, surrounded by shops, entertainment, and a vibrant urban vibe. Located at 523 Richmond Street, this spacious venue offers a transferable liquor license for 187 indoor seats + 94 patio seats, private dining space, Net Rent = $12,500 per month + TMI = $6,200 per month. Their stunning patio has been recognized among Canadas Top 100 Outdoor Eateries by OpenTable, making this location a true hidden gem and a must-visit dining destination in downtown London. Set up for success with a turnkey layout, high foot traffic, and excellent exposure. Ideal for experienced operators ready to hit the ground running in one of Londons most dynamic corridors. Chattels & Equipment can be purchased from the Landlord for $100,000.
Price $12,500
Minimum Rental Term: 60
Taxes: $6,200
Tax Type: TMI
Occupancy by: Owner
Address: 523 Richmond Street , London East, N6A 3E8, Middlesex
Postal Code: N6A 3E8
Province/State: Middlesex
Directions/Cross Streets: Richmond St & Dufferin Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Retail
Use: Hospitality/Food Related
Building Percentage: F
Total Area: 3,000
Total Area Code:  Square Feet
Retail Area Code: %
Financial Statement: F
Chattels: T
Seats: 281
Maintenance: 0
Sprinklers: Yes
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

523 Richmond Street , London East, N6A 3E8, Middlesex

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Commercial Retail
Area: Middlesex
Municipality: London East
Neighbourhood: East B
Style:
Lot Size: x 137.00(Feet)
Approximate Age:
Tax: $6,200
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908