2 Bathroom
1850 sqft
Fully Air Conditioned
Forced Air
$100,000
FINE ART- LOCATION! Business for sale in a prime Downtown London location on 394 Clarence St Unit #100 with excellent exposure and strong pedestrian traffic, featuring 2 offices and 2 bathrooms with a total area of 1,850 sq ft. Flexible DA1 zoning permits a wide range of uses including retail, restaurant, café, food service, personal service, office, medical/professional, and entertainment. Current rent is $2000/month with water included. Utilities are approximately $150/month. Insurance is approximately $200/month, keeping operating costs low and margins strong., Remaining lease runs until Feb 28, 2027, with a 3-5 year renewal option available. All existing equipment and fixtures are included. A rare change to step into a profitable, well-located business with excellent growth potential n one of London's most vibrant and ought-after commercial strips. Buyer is not required to continue the current franchise or brand, allowing flexibility to rebrand or introduce a new concept, subject to landlord approval and applicable requirements. Approximate total monthly overhead, including current services, is ONLY $2350. Please contact the listing agent for more info. (id:19173)
Property Details
|
MLS® Number
|
X13111552 |
|
Property Type
|
Business |
|
Community Name
|
East K |
Building
|
Bathroom Total
|
2 |
|
Age
|
31 To 50 Years |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
1850 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
30 Ft ,7 In |
|
Size Frontage
|
60 Ft ,4 In |
|
Size Irregular
|
Unit=60.36 X 30.65 Ft |
|
Size Total Text
|
Unit=60.36 X 30.65 Ft |
|
Zoning Description
|
Da1 |
https://www.realtor.ca/real-estate/29732490/100-394-clarence-street-london-east-east-k-east-k