360 Springbank DR #8, London South, ON N6J 1G5
360 Springbank DR #8, London South, ON N6J 1G5
360 Springbank DR #8, London South, ON N6J 1G5
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$199,999
Est. payment /mo
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3,500 SqFt
New

360 Springbank DR #8 London South, ON N6J 1G5

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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

State ON

County Middlesex

Area Middlesex

Zoning CSA1

Interior

Cooling Yes

Exterior

Parking Features None

Community Features Public Transit

Building

Lot Description Lot


Lited by EXP REALTY

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Prabhdeep Kaur

Prabhdeep Kaur

Agent

+1(647) 294-6868

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360 Springbank DR #8