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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$12,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Property is being lease to include 2069 Piper Lane in the Lease agreement as well. Industrial building with over 2600 sq ft ofversatile space is situated on 3/4 acre of prime commercial/industrial land with quick and easy access to Veterans MemorialParkway. Great GI1 zoning allows for a multitude of uses. The immaculate heated garage/shop is 2023 sq ft with 16 foot ceilings and easily accessed by two grade level bay doors (14' x 12'). There is another garage attached to the building but withseparate access - also four offices, two bathrooms and loads of main floor and loft storage. Fully fenced back yard with ample exterior access to hydro. Prime commercial/industrial land located in East London with quick and easy access to Veterans Memorial Parkway and the London International Airport. Three quarters of an acre with GI1 Zoning, permits a multitude of uses including storage, warehousing, terminal and /or transport centres, various automotive/trucking usages - to name a few. Secure area with flat fenced yard. Loads of outdoor storage/parking with two 40' storage containers on site as well. Property is well sized with 100 feet of frontage and measuring approximately 329 feet deep. (id:39198)
Location
Province
Ontario
City
London
Address
Piper
Postal Code
N5V3S5
Location Highlights
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Listed by
CENTURY 21 MILLENNIUM INC Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
2,630
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$12,000
Asking Price
$12,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
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)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
2,630
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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