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    For Sale - 1295 Highbury Avenue Unit# A008, London East, Ontario

    Est payment $864/mo
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    Views   2
    Time on Jump  62 day

    AI Summary *

    • Turnkey restaurant setup in a busy northeast London location.
    • Fully equipped commercial kitchen with modern cooking stations and systems.
    • Seating for over 50 guests with room for expansion.
    • Great visibility and high traffic area near major retailers.
    • Flexible lease in place, perfect for various dining concepts.




    Exceptional opportunity to acquire a fully equipped turnkey restaurant business in a highly visible northeast london location. Currently set up for mediterranean cuisine, this versatile opportunity is ideal for an owner-operator, investor, franchise conversion, or restaurateur looking to establish a new concept without the significant cost, delays, and expense associated with building a restaurant from scratch. The premises feature seating for 50+ guests with potential for additional seating, three washrooms, a professionally equipped commercial kitchen, multiple cooking stations, walk-in cooler, walk-in freezer, recently serviced hood and ventilation systems, and equipment that is less than two years old. All equipment and chattels required to operate will remain with the business, allowing for a seamless transition. Located within the established highbury and huron commercial corridor, the business benefits from excellent visibility, strong vehicle traffic, ample on-site customer parking, and convenient access to veterans memorial parkway and highway 401. Surrounded by major retailers, restaurants, service businesses, and industrial employers, the area is home to walmart, tim hortons, starbucks, mcdonald's, dairy queen, taco bell, a&w, chuck's roadhouse, harvey's, firehouse subs, pizza nova, domino's, papa john's, subway and numerous other national and local businesses. Currently operating under a valid city of london food premises business licence and set up to serve halal cuisine. The business is currently in year 1 of a 5-year lease extension, with current base rent of $4,140/month plus tmi and utilities. Whether continuing as a mediterranean restaurant or introducing a completely new dining concept, the extensive leasehold improvements, commercial kitchen infrastructure, hood system, and dining area are already in place, allowing the next owner to focus on launching their business rather than undertaking a costly build-out
    Listing IDX13463684
    Address1295 Highbury Avenue Unit# A008
    CityLondon East, Ontario
    Price$179,999
    Bath3 Full
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessCommunity Features Public Transit, Recreation/Community CentreHeating / Cooling Gas Forced Air Closed

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    Listing Agency:  RE/MAX ICON REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1295 Highbury Avenue Unit# A008
    London East , Ontario
    3 $179,999
    Get more info