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1-691 Richmond St, London, ON, N6A 5M1

MLS® # X9378062
Commercial For Sale In Central London, London, Ontario
$149,000
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
1-691 Richmond St, London, ON
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ACTIVE
1-691 Richmond St, London, ON, N6A 5M1
$149,000

Property Information:

Someplace Else London Social is a popular nightclub, lounge, and restobar located in a prime location on London's Richmond Row. This is a great spot to be and it is surrounded by the city's most popular bars and restaurants. 1,053 sq ft layout that is very easy to run and manage. Currently only open Thursday to Saturday it is available with training or it can be rebranded into another concept or brand. 200-amppower with full DJ booth, sound system, bar, leaseholds, and more.

Very attractive lease rate of $3,486 gross rent including TMI with 8 + 5 + 5 years remaining. Big liquor license for its size of 60 + 30 on the enclosed patio that faces the street. Tons of parking options nearby.

Building Features:

  • Style: Business
  • Basement: No
  • Elevator: None
  • Garage Type: In/Out
  • Heat Type: Gas Forced Air Closd

Property Features:

  • Bathrooms: 3
  • Annual Tax Amount: $0
  • Air Conditioning: Central Air
  • Area Influences: Public Transit, Rec Centre
  • Floor Space (approx): 1053 Square Feet
  • Lot Depth: 58.5 Feet
  • Lot Frontage: 18 Feet
  • Occupancy: Owner
  • Sewers: San+Storm
  • Survey: No
  • Utilities: Available
  • Water: Municipal

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 1-691 Richmond St, London, ON, N6A 5M1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

54/100

Moderate

ClimateCheck®

Current data

This property, 1-691 Richmond St , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 1-691 Richmond St , experiences 11 significant 2-day storms per year, with about 328.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 402.9mm of precipitation per year.

Precipitation Per Storm

Past
328.2mm
2050
402.9mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1-691 Richmond St, London, ON, N6A 5M1

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$110,767.31

Average Number of Children

1.46

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.15 %

High school certificate or equivalent

28.34 %

Apprenticeship trade certificate/diploma

3.36 %

College/non-university certificate

19.38 %

University certificate (below bachelor)

1.99 %

University Degree

40.78 %

Commuter

Travel To Work

By Car

63.05 %

By Public Transit

15.13 %

By Walking

17.38 %

By Bicycle

2.19 %

By Other Methods

2.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

80.59 %

Houses

19.41 %

Own Vs. Rent

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