368 Richmond Street, London, Ontario

About 368 Richmond Street

A fantastic opportunity to own a Liquor Sales licensed restaurant in heart of London Downtown. This presents a compelling opportunity to transition into a Bar Business with a wet bar ready, complemented by a well-appointed kitchen and comprehensive facilities suitable for a diverse range of culinary offerings.Located close to an array of amenities, including Residential Apartments, schools, Citi Plaza, the library, banks, offices, hotels, Covent Garden Market, Budweiser Gardens, and public transit by the door offering access to all corners of the city. Direct bus to UWO and walking distance to Fanshawe College. Across from the London International Academy High School adds to its investment value. Spanning the main floor, this business offers ample space for both dining and storage. Nearby parking lots and free street parking for up to 2 hours ensure a hassle-free experience for customers. The location boasts excellent visibility with multi-routs bus stops by the building which garnering significant exposure and traffic. Ground size of 2840 sqft & the rent-free full basement storage, this restaurant provides ample room to accommodate 100+ guests. The property features a wet bar with water pipes already in place, facilitating seamless operations for a Bar or a Drink Store. Equipped with 220v electricity, making it highly convenient for various culinary requirements. Upgrades include a new kitchen stove and other appliances in 2020, ensuring a modern and efficient working environment. Tiles (2020); Freshly painted walls and ceilings. 10.2 Foot Kitchen Hood. Legal private VIP rooms for parties on all occasions add a touch of exclusivity and cater to private events and gatherings. Affordable rent with Water and Tax included. Free garbage pickup at front and back doors by the city. Free used grease oil pickup. The lease term spans 2+7 years, providing stability and a long-term vision. No limit on working hours. Please contact the listing agent for showings. (id:36535)

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