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X7004476
$375,000

1100 Commissioners Rd E (Commissioners And Highbury)

Price: $375,000

Status: Sale Pending 

MLS®#: X7004476

$375,000
  • Tax: T.M.I. (2022)
  • City:London
  • Type:Commercial
  • Style:Sale Of Business
  • Bath:4
  • Size: 8,200 Sq Ft
  • Garage:Plaza

Features:

  • HeatingGas Forced Air Closd
  • Sewer/Water SystemsSan+Storm, Municipal

Listing Contracted With: ROYAL LEPAGE SIGNATURE REALTY

Description

Paranyde Bar & Grill is a very popular Jamaican restaurant, bar, club, and event venue located on a busy stretch of Commissioners with great access to the 401 and Highbury Avenue in southeast London. This unit was built out from scratch and it is practically a new restaurant but with established sales and cashflow. This is a popular eatery and bar during the week and a nightclub and event venue for dancing and concerts come the weekend. Full of excellent equipment and leaseholds.


Highlights

Great lease of $12,831 gross rent with 1 + 5 + 5 + 5 years remaining, full production kitchen with 11 ft commercial hood, and a huge liquor license of 390! Stage for bands, DJ booth, pool tables, separate entrance for cover and coat check.

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Maya Grozdanis

Sales Representative

Royal LePage Signature Realty

Make A Move With Confidence

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