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ROUNDHOUSE (240 Waterloo)
This exciting leasing opportunity is for restaurant and retail/office space in an historic restoration of an 1860ís era steam locomotive roundhouse.

Acrobat Reader (.pdf) files are available for download here. They include an external elevation plan, concept overview and lease rates. You can also view a site plan, draft floor plan and parking/intersection plan.

London Roundhouse - Latest
The former Great Western Railway steam locomotive roundhouse is located at 240 Waterloo Street at Horton Street, in the trendy SOHO District, the heart of downtown London, Ontario.

Traffic volume (2006) at the well-travelled intersection is well over 25,000 cars daily. It is just one block east of Wellington Street - with another 36,000 cars daily - Londonís main downtown entry from the 401 highway.

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Local site access and exposure are exceptional, with the property fronting on three separate streets (Horton, Waterloo, Bathurst) all with vehicular ingress and egress. The property spans a city block in the north/south direction.

Hotels by Hilton, Delta, Comfort, and Marriott stand within view just blocks away. Other landmarks in the immediate vicinity include such national tenants as Canadian Tire, Tim Hortons, Enterprise Rent-A-Car (Future), London Free Press, London

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Convention Centre, John Labatt Centre, Central Park Lodge, Central Fire Station, London Towers, Colborne Place, Gielen Design, Horton Place, Colborne Centre, and numerous prominent recently-built apartment high-rise apartment and condominium buildings.

London transit (LTC) public transportation is right at the door, with easy access to major highways (401 & 402), train station, bus station, airport, etc.

The historic site has been in operation as a restaurant continuously since 1973, and has generated multimillion dollar annual sales for many years. It is one of London's most well-known landmarks - a London legacy.

Grand Trunk Railway RoundhouseLocated in the historic former 1860's Great Western Railway steam locomotive roundhouse (see historic photo), the project is over 15,000 sq. ft. in size on the main floor, with approximately 7,000 sq. ft. lower floor storage.

Donít let the historic nature of the building fool you - London Roundhouse facilities boast professional services that include a 600 volt 3 phase power system, emergency backup power natural gas generator, fire alarm panel, fire sprinkler system, surveillance system, security system, delivery loading dock, perimeter landscaping with automatic irrigation, and period wrought iron sconce and post lighting.

Exterior RoundHouse_100The restaurant space offers the potential for lower-cost fixturing, with an included fully equipped bar, kitchen, public and staff washrooms, wheelchair access, and will feature a two-level exterior patio including rooftop patio with stunning city views.

Locomotive Bay_100The retail & office space will feature high ceilings with interior brick and wood beam construction, and include public washrooms and wheelchair accessibility.

The London Roundhouse includes rare downtown parking for well over 100 vehicles on-site.

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Lease Terms

Restaurant (5,000 to 7,250 sq. ft.)
Base Rent: $12.00/sq. ft.
Lower Level: $5.00/sq. ft.
Exterior Patios: $2.00/sq. ft.
TMI: $7.50/sq.ft. (Est.)
5 Year Minimum Term
Security Deposit for Restaurant Fixtures
Optional Percentage Rent Lease Available
Brokers Protected

Retail & Office (1,200 to 10,000 sq. ft.)
Base Rent: $16.00/sq. ft.
Lower Level: $5.00/sq. ft.
TMI: $7.50/sq.ft. (Est.)
5 Year Minimum Term
Brokers Protected

Creative Logo gold black_100x10002For more information, please contact:

Creative Property
(519) 852-9250 or (519) 645-8998
info@creativeproperty.com