Gateway Market Convenience Store For Sale - 785 Wonderland Road South, London, ON

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Gateway Market Convenience Store For Sale - 785 Wonderland Road South, London, ON

For Lease $ 50,000
LOCATION: London Ontario Canada
CATEGORY: Business For Sale
INDUSTRY: Convenience Stores & Lotto Businesses For Sale | Retail Businesses for Sale | Vending & Kiosk Businesses for Sale
LISTING TYPE: Convenience Stores for Sale | Kiosks for Sale | Kiosks for Sale | Kiosks for Sale | Variety Stores for Sale

WESTMOUNT COMMONS SHOPPING CENTER

Welcome to Westmount Shopping Centre, London's community hub. Seize the opportunity to be the exclusive lottery and tobacco retailer with a cost-effective store construction. Features an upgraded London Transit Bus terminal on Viscount Road, aligning with the City of London's transportation plans. Professional and medical offices on the upper level, while the lower level has been redesigned for an enhanced retail experience. Strategically located across from London's largest high school, with nearly 150,000 residents within a 5km radius.

Size: 711 sq. ft. approximately

Type: Shopping Mall

Term: 5 Years with 5 Year Option

Royalty: 3.5% of Tobacco, General Merchandise, and Food, 10% of Lottery Commissions

Franchise Fee: $30K

Monthly Rent: $1,200/mo +HST, including TMI, excluding Utilities

$30,000 - 50,000

*Construction & Equipment estimate varies by size & space condition

*Inventory estimate $15,000 – 35,000; varies by store size and categories