$249,999
Available - For Sale
Listing ID: X14088306
587 Oxford Street East , London East, N5Y 3H9, Middlesex
| Exceptional opportunity to acquire Five87 Bistro, an established, licensed restaurant located at 587 Oxford Street East in London! Offering approximately 4,495 sq. ft. of leased premises, including designated restaurant and patio areas, this inviting establishment provides an excellent opportunity for an entrepreneur or experienced restaurateur looking to enter or expand within London's hospitality industry. Featuring an attractive dining atmosphere, indoor and outdoor dining opportunities, and access to on-site customer parking, the restaurant offers a versatile setting for casual dining, evening service, special occasions and private gatherings. Continue operating under the existing Five87 Bistro name and concept, or bring your own culinary vision to life and introduce an entirely new restaurant concept! The premises are subject to a long-term commercial lease, with renewal options outlined in the existing agreement, offering the potential for continued occupancy. Ideally situated along Oxford Street East, this location presents an opportunity to capitalize on an existing restaurant setup while establishing your own identity in the market. Whether you're an established operator seeking another location or an entrepreneur ready to take the next step, this is an exciting business ownership opportunity. Business sale only; real estate not included. |
| Price | $249,999 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Assessment Year: | 2025 |
| Occupancy: | Owner |
| Address: | 587 Oxford Street East , London East, N5Y 3H9, Middlesex |
| Postal Code: | N5Y 3H9 |
| Province/State: | Middlesex |
| Directions/Cross Streets: | OXFORD STREET EAST & ADELAIDE STREET NORTH |
| 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | T |
| Total Area: | 4495.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | FIVE87 BISTRO |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Hours Open: | 12:00-9 |
| Employees #: | 10 |
| Seats: | 144 |
| Washrooms: | 3 |
| Outside Storage: | F |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| THRIVE REALTY GROUP INC. |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East F |
| Baths: | 3 |
| Fireplace: | N |
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