#2A 1876 Oxford Street West, London South (South B) - Business for Sale
#2A 1876 Oxford Street West, London South (South B), Ontario, N6K0J8
This business in London South is for sale offering roughly 990 sq ft of space. It has been on the market 65 days, fresher than the London South average of 72 days.
Description
TWO WAYS TO BUY & TWO WAYS TO BUILD YOUR FUTURE. This established Fat Bastard Burrito location in London's growing West 5 area offers flexibility for both franchise buyers and independent restaurant operators. Purchase the business turn-key, with the existing Fat Bastard Burrito franchise operation, equipment and chattels, and approximately 6 years remaining on the current lease and franchise agreement. Prefer to build your own brand? Purchase the business assets and chattels and explore bringing your own restaurant concept to this fully equipped space, subject to landlord, franchise-release and applicable approvals.Located in the expanding West 5/Riverbend corridor, surrounded by growing residential density, retail, services and commercial development. West 5 has evolved into a mixed-use community incorporating homes, apartments, retirement living, restaurants, shops, offices and services, creating an established and growing customer base. Continued residential and commercial development in the surrounding Westdel Bourne/Oxford Street West corridor adds to the long-term potential of this location.Whether you're looking for an established turn-key franchise or an equipped restaurant space to launch your own concept, this is an opportunity to establish yourself in one of West London's growing communities. Business and chattels for sale. Real estate not included. (id:66096)
Property Details
- MLS®
- X13727096
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- CSA5(6)
- Bathrooms
- 1
- Parking
- 50
- Interior Size
- 990 ft²
- Lot Size
- 436 × 361 ft (3.61 acres)
- Frontage
- 435 ft
- Heating
- Forced air, Natural gas, Hot Water
- Cooling
- Fully air conditioned
- Garage
- Other
- Property Tax
- $1,367.21/yr
- Listed
- 65 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 65 days on market, against an average age of 72 days across the listings currently for sale in this city
This business in London South (South B) has been listed for 65 days, which is 7 days fresher than the city average of 72. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N6K)
This home lists at $250,000, about 2.5× the local median household income of $100,000.
Carrying it typically needs a household income of about $48,834 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $100,000
- Population
- 37,596
- Median age
- 44.4
- Owner / renter
- 70% / 30%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA N6K)
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$250,000
London South