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$49,000
Available - For Sale
Listing ID: X12467339
186 KING Street , Thames Centre, N0M 2P0, Middlesex


This restaurant is for lease with a security deposit of $49,000. Thorndale Family Restaurant has been serving the community since 1988. The sellers are willing to help accommodate improvements to the property and will consider accepting the renovations in lieu of a security deposit. Currently it offers a spacious seating area spanning 1,585 sq ft, while also providing 450 sqft office space on the upper level. The restaurant boasts a liquor license for 73, with 200-amp power supply. The Owners are willing to onboard/train new owners. A new lease will be negotiated with a 5 yr term with additional three 5 year renewal terms available. Thorndale is a busy community only 10 mins away from London (International Airport, Western University, Fanshawe College, pop approx 420,000+ ). With a new owner this property is primed to continue its legacy as a gathering place
Price $49,000
Taxes: $2317.00
Tax Type: Annual
Occupancy: Owner
Address: 186 KING Street , Thames Centre, N0M 2P0, Middlesex
Postal Code: N0M 2P0
Province/State: Middlesex
Directions/Cross Streets: Temperance
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Category: Without Property
Use: Restaurant
Total Area: 0.00
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 7-2:30
Employees #: 5
Seats: 70
Washrooms: 2
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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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.

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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At a Glance:
Type: Com - Sale Of Business
Area: Middlesex
Municipality: Thames Centre
Neighbourhood: Thorndale
Style:
Lot Size: x 100.37(Feet)
Approximate Age:
Tax: $2,317
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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