Gateway Market Convenience Store For Sale - 67 Bayly St. W., Ajax, ON

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Gateway Market Convenience Store For Sale - 67 Bayly St. W., Ajax, ON

For Lease $ 240,000
LOCATION: Ajax Ontario Canada
CATEGORY: Business For Sale
INDUSTRY: Convenience Stores & Lotto Businesses For Sale | Retail Businesses for Sale | Smoke & Vape Shops for Sale
LISTING TYPE: Convenience Stores for Sale | Smoke Shops for Sale | Smoke Shops for Sale | Smoke Shops for Sale | Variety Stores for Sale

Newly constructed prime commercial retail space featuring excellent frontage. Pat Bayly Square is set to become the largest urban, mixed-use development in the Durham region. With more than 300 rental units situated above the retail space and a total of five buildings planned for the property, this presents a compelling opportunity. This retail unit is unique in offering both exterior access and access from the inside lobby. The unit's orientation towards Bayly Street ensures prime exposure on the main street.

Size: 1511 sq. ft. approximately

Type: Condo building

Term: 5 Years with 5 Year Option

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

Franchise Fee: $30K+HST

Monthly Rent: $5,500.04/mo +HST, including TMI, excluding Utilities

$175,000 - 240,000

*Construction & Equipment estimate varies by size & space condition

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