ON > Thames Centre > Thorndale
Thames Centre, ON N0M 2P0,186 KING ST
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Thames Centre, ON N0M 2P0,186 KING ST
Thames Centre, ON N0M 2P0,186 KING ST
Thames Centre, ON N0M 2P0,186 KING ST
Thames Centre, ON N0M 2P0,186 KING ST
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Jamie Black

Jamie Black

+1(416) 496-9220
$ 49,000
Est. payment /mo
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Active

186 KING ST Thames Centre, ON N0M 2P0

2 Baths

UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Subdivision Thorndale

MLS Listing ID X12467339

Annual Tax Amount $2,317

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

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

Location

Province ON

County Middlesex

Area Middlesex

Interior

Cooling Yes

Exterior

Lot Frontage 163.34

Lot Depth 100.37

Others

ParcelsYN No

Listed by EXP REALTY
Jamie Black

Jamie Black

Sales Representative

+1(416) 496-9220

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186 KING ST

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