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360 Springbank DR #8 London South, ON N6J 1G5
3,500 SqFt
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $57
Subdivision South D
MLS Listing ID X13784136
Annual Tax Amount $8
Tax Year 2026
Property Sub-Type Sale Of Business
Property Description
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.
Location
Province ON
County Middlesex
Area Middlesex
Interior
Cooling Yes
Exterior
Community Features Public Transit
Lot Frontage 252.15
Lot Depth 203.9
Others
ParcelsYN No
Listed by EXP REALTY