8 - 360 Springbank Drive London South, Ontario N6J 1G5
$199,999
Chattels-only sale opportunity at 360 Springbank Drive with an attractive lease rate! This 3,500 sf prime corner unit is situated in a well-established plaza in Springbank, one of London's most sought-after neighbourhoods, with excellent exposure and ample free parking. The premises feature a fully built-out restaurant with a large turnkey commercial kitchen and bar, including over 15 feet of commercial exhaust hood, walk-in cooler, walk-in freezer, dishwashing equipment, flat-top grill, gas grill, prep tables, and much more. The exterior offers a newly constructed covered and heated patio, plus a separate uncovered patio area. The restaurant was previously licensed for up to 132 patrons indoors and 50 patrons on the patio. Existing bar includes 4 under counter coolers and a keg dispensing cooler. Additional features include three renovated washrooms and an active liquor sales licence, subject to AGCO approval and transfer requirements. Lease rate is $24.00 per sq. ft. net, plus approximately $8.50 per sq. ft. TMI, totalling approximately $9,479.17 per month plus HST and utilities. Chattels only-the existing business and trade name are not included. All information is to be independently verified by the buyer. (id:63476)
Business
| Business Type | Restaurant |
| Business Sub Type | Restaurant/pub |
Property Details
| MLS® Number | X13784136 |
| Property Type | Business |
| Community Name | South D |
| Amenities Near By | Public Transit |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3,500 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 203 Ft ,10 In |
| Size Frontage | 252 Ft ,1 In |
| Size Irregular | 252.15 X 203.9 Ft |
| Size Total Text | 252.15 X 203.9 Ft |
| Zoning Description | Csa1 |
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September 15 2026 02:11:31
London and St. Thomas Association of REALTORS®
Exp Realty