FINE ART- LOCATION! Business for sale in a prime Downtown London location on 394 Clarence St Unit #100 with excellent exposure and strong pedestrian traffic, featuring 2 offices and 2 bathrooms with a total area of 1,850 sq ft. Flexible DA1 zoning permits a wide range of uses including retail, restaurant, café, food service, personal service, office, medical/professional, and entertainment. Current rent is $2000/month with water included. Utilities are approximately $150/month. Insurance is approximately $200/month, keeping operating costs low and margins strong., Remaining lease runs until Feb 28, 2027, with a 3-5 year renewal option available. All existing equipment and fixtures are included. A rare change to step into a profitable, well-located business with excellent growth potential n one of London's most vibrant and ought-after commercial strips. Buyer is not required to continue the current franchise or brand, allowing flexibility to rebrand or introduce a new concept, subject to landlord approval and applicable requirements. Approximate total monthly overhead, including current services, is ONLY $2350. Please contact the listing agent for more info. (id:28006)
| MLS® Number | X13111552 |
| Property Type | Business |
| Community Name | East K |
| Bathroom Total | 2 |
| Age | 31 To 50 Years |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,850 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 30 Ft ,7 In |
| Size Frontage | 60 Ft ,4 In |
| Size Irregular | Unit=60.36 X 30.65 Ft |
| Size Total Text | Unit=60.36 X 30.65 Ft |
| Zoning Description | Da1 |
https://www.realtor.ca/real-estate/29732490/100-394-clarence-street-london-east-east-k-east-k
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