C-6 - 130 KING STREET, London East (East K)

$350,000

For sale: Other

Other at C-6 - 130 KING STREET, London East (East K)
Property type
Sale Of Business
MLS®
MLS® X12799916
Neighbourhood
East K

Rare opportunity to acquire a well-established restaurant business operating within the iconic Covent Garden Market. New Delhi Deli has been a fixture in the market for several years, benefiting from strong foot traffic, a loyal and repeat customer base, and the ongoing vibrancy of one of London's most recognized destinations.The business is being sold as a fully turnkey operation, including all business chattels and fixtures, equipment, recipes, and the business name. New ownership can step in and continue operations immediately with no interruption. Covent Garden Market provides consistent daily traffic from local patrons, office workers, students, and tourists, making this an ideal opportunity for an owner-operator or an experienced restaurateur looking to expand their portfolio in a proven location.This is a well-known concept with established systems in place and strong brand recognition within the market. Financial information available to qualified buyers upon execution of a confidentiality agreement.

Sold data

Homes in East K — recent sold market

Homes in East K took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 80, across 79 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 89 days.

The median sale price was $319,900.

Homes sold for about 4.1% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 34% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$319,900
Sale-to-list ratio
95.9%
Sold above asking
9%

Based on 79 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London East (East K)

London East (East K) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.

Rated schools
116
Elementary
97
Secondary
19
Average rating
5.5 / 10

Top-rated schools in London East (East K)

  • John Dearness — elementary, LondonFraser rating 9.8/10
  • St George — elementary, LondonFraser rating 9.1/10
  • Jack Chambers — elementary, LondonFraser rating 8.8/10
  • Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
  • London Central — secondary, LondonFraser rating 8.7/10
  • Ryerson — elementary, LondonFraser rating 8.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near C-6 - 130 KING STREET