#C-6 130 King Street, London East (East K) - Business for Sale
#C-6 130 King Street, London East (East K), Ontario, N6A1C5
This business in London East is for sale offering roughly 385 sq ft of space.
Description
Rare opportunity to acquire a well-established restaurant business operating within the iconic Covent Garden Market. New Delhi Deli has been a fixture in the market for several years, benefiting from strong foot traffic, a loyal and repeat customer base, and the ongoing vibrancy of one of London's most recognized destinations.The business is being sold as a fully turnkey operation, including all business chattels and fixtures, equipment, recipes, and the business name. New ownership can step in and continue operations immediately with no interruption. Covent Garden Market provides consistent daily traffic from local patrons, office workers, students, and tourists, making this an ideal opportunity for an owner-operator or an experienced restaurateur looking to expand their portfolio in a proven location.This is a well-known concept with established systems in place and strong brand recognition within the market. Financial information available to qualified buyers upon execution of a confidentiality agreement. (id:66096)
Property Details
- MLS®
- X12799916
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- DA1(6)*D350/h-213*TSA5
- Interior Size
- 385 ft²
- Lot Size
- 401 × 202 ft (1.85 acres)
- Frontage
- 401 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 260 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 260 days on market, against an average age of 87 days across the listings currently for sale in this city
This business in London East (East K) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N6A)
This home lists at $350,000, about 5.7× the local median household income of $61,200.
Carrying it typically needs a household income of about $68,367 (20% down, 25-yr amortization, stress-tested) — roughly 12% above the area median.
- Median household income
- $61,200
- Population
- 13,810
- Median age
- 34
- Owner / renter
- 29% / 71%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA N6A)
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$350,000
London East