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Retail Space For Rent at #102A -330 RIDOUT ST N in London, Ontario

New
4 Sale ID #224607
Updated 02 May 2024

Sq. Ft. Rate

$20

Lease Rate

N/A

Space Size

N/A

Year Built

N/A

Premise Summary

This is a Great opportunity to situate your business in location with large traffic counts on York street one of the main routes that that leads to Old south, and west London and at the Foot of a twin tower building with 277 units in EACH tower, Occupied by high income earning tenants and owners of these Condo/ rental towers. York street entrance of the building is adjacent to the unit resulting in lots of foot traffic from the buildings residents. Large developments happening all around the location on King and York with new buildings just finished and more in the plans to be built on Ridout st. Located between some of the most innovative tech companies in London, and Steps to Budweiser Gardens, RBC conventions center, London intercity bus terminal and via rail station across the street. This wonderful space consists of 778 Sq ft of main floor open space with DA1 zoning allowing for a wide range of uses. This Location is perfect for many different uses. Situated across from the inlet to the only LCBO in downtown London so visibility of your business here will be like no other. There is a possibility for doubling the space if needed with attaching to adjacent space. Call now for your private tour. TMI is $8.50 per square foot. (id:39198)

  • MLS® : #X8221162
  • Date Listed : 05 Apr 2024

Location

Province

Ontario

City

London

Address

#102a -330 Ridout St N

Postal Code

N6A0A7

Location Highlights

N/A

Listed by

AGENT REALTY PRO INC Ontario listing

Category

retail-space

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Space Size

N/A

Available Space

N/A

Building Size

778

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

$20

Asking Price

$20

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)

778

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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