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348 DUNDAS STREET, London, Ontario, N6B 1V7

MLS® # X11907411
Commercial For Sale In Central London, London, Ontario
$149,000
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
348 Dundas Street, London, ON
  • Advertising
ACTIVE
348 DUNDAS STREET, London, Ontario, N6B 1V7
$149,000

Property Information:

Seize the opportunity to own, a thriving and well-established restaurant in London, ON. Welcome to Raajbhog. Experience the best of Indian cuisine at this popular restaurant with seating for 85 guests indoors, complemented by warm lighting and relaxing decor, it offers a welcoming and Royal atmosphere for all. Located at a prime corner in a busy plaza on Dundas and Waterloo Street, this spot enjoys constant traffic as a key connection for London interchange roads. The location is highly visible and easily accessible. This business can be rebranded to suit your own concept, cuisine, or franchise. This fully equipped space includes a 12-foot commercial hood, an 8x8ft walk-in cooler, Tandoor oven, Commercial dough mixer, Deep fryer, 6-burner stovetop, prep tables, and more. and the sale includes tables, chairs, and other essential equipment (full chattels list available). The service area has Draught Beer cooler and Espresso Machine. Additional bonus space in the basement comprises of Washroom, Storage space, Office area. The Rent is $7529.50 plus HST and TMI and utilities monthly. Sprawling out over 4107 sq/ft (+/-) and licensed for 85, bring your concept and turn the key with endless opportunities including but not limited to restaurant/bar, breakfast restaurant, lounge, fine dining, dinner and much more. Sale price includes all existing restaurant equipment, chattels/fixtures, attractive ten-year lease term and endless opportunity to thrive! Restaurant has a mutual agreement with the parking lot across the street which provides your customers with FREE parking. Additionally, 6 exclusive parking spots are allocated to the restaurant behind the building. Don't miss this rare opportunity to establish your restaurant in one of the citys most sought-after locations. And take this business to new heights and make your mark in the food industry!------Extra------- Do not go direct or Talk to the Employees. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances:

Property Features:

  • Property Type: Business
  • Amenities Nearby: Public Transit
  • Zoning: DA2
  • No. of Parking Spaces: 6

Courtesy of: SAVE MAX ACHIEVERS REALTY

REALTOR.ca  

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Sales/Price History

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Location of 348 DUNDAS STREET, London, Ontario, N6B 1V7

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

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 348 DUNDAS STREET , 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 35 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
35

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, 348 DUNDAS STREET , experiences 11 significant 2-day storms per year, with about 328.5mm 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 404.2mm of precipitation per year.

Precipitation Per Storm

Past
328.5mm
2050
404.2mm

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 348 DUNDAS STREET, London, Ontario, N6B 1V7

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$86,171.66

Average Number of Children

1.38

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.8 %

High school certificate or equivalent

29.98 %

Apprenticeship trade certificate/diploma

5.36 %

College/non-university certificate

24.25 %

University certificate (below bachelor)

2.03 %

University Degree

27.57 %

Commuter

Travel To Work

By Car

64.86 %

By Public Transit

15.84 %

By Walking

16.39 %

By Bicycle

0.08 %

By Other Methods

2.83 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

94.48 %

Houses

5.52 %

Own Vs. Rent

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