$259,000
Available - For Sale
Listing ID: X12115197
611 Wonderland Road North , London North, N6H 4V6, Middlesex
| Located next to T&T Supermarket and near Costco, Grand Tang Chinese Cuisine is a well-known Chinese eatery in North-West London. Nestled in a bustling commercial hub with high-rise buildings and various retail stores, it enjoys excellent public transit connections to Western University, Fanshawe College, White Oaks Mall, and Masonville Mall. Operated successfully by its current owner for over a decade, Grand Tang Chinese Cuisine has a loyal customer base and consistent performance, yet it still has great growth potential. The restaurant operates on a limited schedule - open just 3 days a week from 5 PM to 9 PM for dine-in dinner only, without takeout or a liquor license, and closes for 3 months each year. The 1,178-square-foot space accommodates 34 seats, with affordable rent and a lease that has four years remaining. |
| Price | $259,000 |
| Taxes: | $259946.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 611 Wonderland Road North , London North, N6H 4V6, Middlesex |
| Postal Code: | N6H 4V6 |
| Province/State: | Middlesex |
| Legal Description: | PART NORTH HALF LOT 20 CONCESSION 1; DES |
| Directions/Cross Streets: | OXFORD ST W |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | F |
| Total Area: | 1178.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Approximatly Age: | 31-50 |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 5-9 |
| Employees #: | 5 |
| Seats: | 34 |
| Sprinklers: | Yes |
| Washrooms: | 2 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Middlesex |
| Municipality: | London North |
| Neighbourhood: | North N |
| Approximate Age: | 31-50 |
| Tax: | $259,946 |
| Baths: | 2 |
| Fireplace: | N |
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