1086 Commissioners RD E #5 new

London,ON N5Z 4W8

$ 324000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID X11928849

Tax Year 2024

Property Description

This is a great opportunity for anyone interested in owning a well-established with strong reputation Indian-Pakistani restaurant in a high-traffic location. This Non-franchise restaurant offering both dine-in and take-out services. The current owner is retiring and is motivated to sell, and theres an option for the new owner to receive training on the operation. Equipment & Facilities Includes a 6-burner stove, BBQ Grill, Naam Making Oven, tandoor, 2 stoves, walk-in cooler, double-door freezer, dough-making machine, two frezzer, water heater, and security system with cameras. 20+ seats, perfect for accommodating dine-in customers. Currently operating with short hours but increasing hours could generate additional revenue. Catering and tiffin services are an option, with potential clients including students, taxi drivers and truck drivers (nearby truck stop). The equipment, furniture, and leasehold improvements are all included in the sale. Rent is $3500 per month, which includes TMI (taxes, maintenance, insurance). A long-term lease with optional years is available. Ample surface parking for customers.

Location

Province ON

County Middlesex

Community South J

Area Middlesex

Region South J

City Region South J

Interior

Cooling Yes

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