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$25
Available - For Rent
Listing ID: X13413150
Turnkey restaurant opportunity in the heart of Downtown London. Located at 186 King Street, this impressive 4,535 SF restaurant space is fully equipped and ready for immediate operation. The dining area accommodates up to 74 patrons and features a complete bar setup, including keg lines connected to a walk-in cooler located in the basement. The expansive commercial kitchen is designed to handle high-volume operations and includes a 16-foot commercial exhaust hood, walk-in cooler, walk-in freezer, and extensive food preparation space. Located in one of London's busiest downtown corridors, directly in front of the City's new Bus Rapid Transit corridor, the property benefits from high pedestrian and vehicle traffic, making it an ideal location for dine-in service, takeout, and delivery-focused concepts. Surrounded by office towers, retail businesses, entertainment venues, and hundreds of residential units, including approximately 200 apartment units directly above the space. Just steps from the Covent Garden Market and Canada Life Place, home to major sporting events, concerts, and year-round attractions. A large public parking lot directly in front of the restaurant provides convenient customer parking, while secured employee parking is available next door for an additional fee. Net rent is $25.00 per SF plus $7.50 per SF TMI ($12,282.29 per month), plus HST and utilities.
Price $25
Minimum Rental Term: 36
Taxes: $7.5
Tax Type: TMI
Occupancy by: Vacant
Address: 186 King Street , London East, N6A 1C7, Middlesex
Postal Code: N6A 1C7
Province/State: Middlesex
Directions/Cross Streets: Richmond St
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: 4,535
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Maintenance: 0
Sprinklers: Yes
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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EXP REALTY

186 King Street , London East, N6A 1C7, 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 K
Style:
Lot Size: x 198.00(Feet)
Approximate Age:
Tax: $7.5
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:

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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