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$ 149,000
Est. payment /mo
Price Dropped by $100K
430 Wellington ST London, ON N6A 3P5
1,344 SqFt
UPDATED:
02/25/2025 08:00 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,344 sqft
Price per Sqft $110
Subdivision East F
MLS Listing ID X11922284
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Welcome to 430 Wellington, a well-established bakery and cafe located in the heart of downtown London, offering a delightful mix of European desserts, waffles, donuts, croissants, sandwiches, cocktails, and more. This charming cafe, known for its high-quality sweets and cozy atmosphere, has built a loyal customer base, providing a perfect spot for both locals and tourists to unwind and enjoy delicious treats. With a prime location on a rapid transit boulevard attracting a traffic volume of over 21,000 daily, the cafe benefits from steady foot and vehicle traffic from students, professionals, downtown visitors and residents. The cafe features a beautiful patio with stunning views, providing an inviting space for guests to relax in the bustling downtown area. In addition, the City of London is committed to enhancing the Core Area, ensuring continued growth and opportunity. This is a turnkey business with strong community support, licensed for alcohol, and excellent potential for further expansion or additional ventures. The current owner is willing to provide training to ensure a smooth transition. Don't miss your chance to acquire a profitable, respected establishment with significant growth potential in London's vibrant downtown area. **EXTRAS** Attractive Lease Rent of $3,209.20.
Location
Province ON
County Middlesex
Community East F
Area Middlesex
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 30.0
Lot Depth 45.0
Listed by ROYAL LEPAGE TRILAND REALTY