Gateway Market Convenience Store For Sale - Simcoe Town Centre

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Gateway Market Convenience Store For Sale - Simcoe Town Centre - 150 West St, Simcoe, ON

For Lease $ 190,000
LOCATION: Simcoe 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 | Variety Stores for Sale | Smoke Shops for Sale | Smoke Shops for Sale | Smoke Shops for Sale

Simcoe Town Centre serves the primary market trade area of the Southwestern Ontario Town of Simcoe which is located on the beautiful north shore of Lake Erie. As the largest enclosed urban centre in Norfolk, Simcoe Town Centre also serves a very large secondary market.

Simcoe Town Centre is anchored by a recently renovated Food Basics and Giant Tiger. Other national tenants include Ardene, Bell, CBI Health, EasyHome, Northern Reflections and Reitmans.

With ample surface parking and easy access directly off of West Street, Simcoe Town Centre can accommodate a variety of different uses.

Size: 397 sq. ft.

Type: Shopping Centre

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: $879.02/mo +HST, including TMI, excluding Utilities

$145,000 - 190,000

*Construction & Equipment estimate varies by size & space condition

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