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Industrial Property For Rent at 344 SOVEREIGN RD in London, Ontario

New
4 Sale ID #226081
Updated 02 May 2024

Sq. Ft. Rate

$10

Lease Rate

N/A

Space Size

N/A

Year Built

N/A

Premise Summary

Fantastic opportunity to customize your business needs close to 401 with great exposure along Sovereign Road. You have the option to combine industrial, warehouse and office space, or if your business can make use of a dock level and/or grade level bay door, that is an option as well. If you are looking for just storage, 14' ceilings can be made available to maximize your warehouse space. You also have the ability to lease just office space if you don't have any need in your business for industrial or warehouse space. Many options available to suit many different business models. Industrial space available is approx 1,000sqft and office space available is approx 2,100sqft. The building is well taken care of, lots of parking available and signage at the road should you need it. Zoning is LI2 LI7 which allows for a variety of uses. (id:39198)

  • MLS® : #X8232072
  • Date Listed : 12 Apr 2024

Location

Province

Ontario

City

London

Address

344 Sovereign Rd

Postal Code

N6M1A8

Location Highlights

N/A

Listed by

CENTURY 21 FIRST CANADIAN CORP., BROKERAGE Ontario listing

Category

industrial-property

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Space Size

N/A

Available Space

N/A

Building Size

6,921

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Sq. Ft. Rate

$10

Asking Price

$10

Rate/yr

N/A

Floor of Lease

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

6,921

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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