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1420 Ernest Avenue, London, ON, N6E 3B2

MLS® # 40653401
Commercial For Lease In White Oaks, London, Ontario
$319,000.00
1420 Ernest Avenue, London, ON
1420 Ernest Avenue, London, ON
1420 Ernest Avenue, London, ON
1420 Ernest Avenue, London, ON
1420 Ernest Avenue, London, ON
1420 Ernest Avenue, London, ON
1420 Ernest Avenue, London, ON
1420 Ernest Avenue, London, ON
1420 Ernest Avenue, London, ON
1420 Ernest Avenue, London, ON
  • Advertising
ACTIVE
1420 Ernest Avenue, London, ON, N6E 3B2
$319,000.00

Property Information:

Profitable Business -Are you looking to operate or invest in a busy fast-food business? If yes, then this is the perfect opportunity. We offer a well-maintained and fully operational business. A very Popular Grill & Wrap Quick Service Restaurant in South London, A short drive from Fanshawe College. This is a Turnkey Restaurant that does excellent sales and earns profit margins which is perfect for entrepreneurs or investors. The menu is large and serves Halal Burgers, Donair, Shawarma, Sandwiches, Wings, newly introduced Chicken Tikka, Beef Shawarma Wrap, Beef and Chicken Samosas, Chicken Wings, and more. Recently introduced more vegetarian dishes Veg Falafel Wrap, Veg Samosas, Loaded Nachos, Veg Burger, Veg-loaded Fries which are gaining popularity among customers. The store has a good review rating.Inventory- A diverse and well-stocked inventory (not included in the sale price. To be counted on closing). Perfect for immediate sale or use in your operations.Location and Lease: Prime location with a long 4 + 5 year lease term available for transfer or renegotiation. Very easy to operate 1,250 Sq ft space (approx) with seating for 24. Busy small plaza with 30 parking spaces and excellent signage. The 12-ft commercial hood and the extensive equipment below it are top-of-the-line. 1 Walk-in fridge and a large prep and back-of-house area. This business is available with the business name. The seller will provide 10 days free training upon closing.Seller can provide VTB to qualified buyers upon terms and conditions.

Property Features:

  • Business Type:
  • Lot Features: High Traffic Area, Major Highway, Public Transit

Courtesy of: RIGHT AT HOME REALTY BROKERAGE UNIT 36

Data provided by: Mississauga Real Estate Board 3450 Ridgeway Dr. #1, Mississauga, Ontario L5L 0A2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 1420 Ernest Avenue, London, ON, N6E 3B2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

56/100

Moderate

ClimateCheck®

Current data

This property, 1420 Ernest Avenue , experiences 7 hot days per year at around 30.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.4 degrees Celsius.

Projected Avg. Temperature

Past
30.9℃
2050
34.4℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 1420 Ernest Avenue , experiences 11 significant 2-day storms per year, with about 327.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 403.3mm of precipitation per year.

Precipitation Per Storm

Past
327.6mm
2050
403.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 1420 Ernest Avenue, London, ON, N6E 3B2

Life Stage

Young Families

Employment Type

Service Sector

Average Household Income

$74,074.42

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.46 %

High school certificate or equivalent

34.37 %

Apprenticeship trade certificate/diploma

4.63 %

College/non-university certificate

22.52 %

University certificate (below bachelor)

1.69 %

University Degree

13.34 %

Commuter

Travel To Work

By Car

83.05 %

By Public Transit

8.01 %

By Walking

3.89 %

By Bicycle

0.0 %

By Other Methods

5.05 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

66.16 %

Houses

33.84 %

Own Vs. Rent