394 Clarence Street, London East (East K), Ontario, Canada, N6A3M6
Basics
- Date added: Added 3 days ago
- Category: Business
- Bathrooms: 2
- Area: 1850 sq ft
- Lot size: 0 sq ft
- SubdivisionName: East K
- UnitNumber: 100
- ListOfficeName: CENTURY 21 FIRST CANADIAN CORP
- MLS ID: X13111552
Description
-
Description:
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:62692)
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Building Details
- Heating: Forced air
Amenities & Features
- Waterfront available: No
- OpenParkingYN: No
- AttachedGarageYN: No
- GarageYN: No
- CarportYN: No
- PoolYN: No
- CoolingYN: Yes
- Cooling: Fully air conditioned
- Total Fireplaces: 0