Gateway Market Convenience Store For Sale - 1076 Gainsborough Road, London ON

Featured

Gateway Market Convenience Store For Sale - 1076 Gainsborough Road, London ON

For Lease $ 210,000
LOCATION: London 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

Gainsborough

Welcome to 1076 Gainsborough Road! Home to a brand-new Mixed-use Building. A state-of-the-art modern aesthetic building with high traffic counts, high exposure, and in the rapidly growing Hyde Park village area of London. A visit is in order to check out the incredible number of windows and resulting natural light, and high ceilings, all in a perfect location that offers a platform to create an impressive space for your own Gateway Market.

This is a 33 rental unit development with 200+ units planned across the street.

Size: 773 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

Monthly Rent: $3,092/mo +HST, including TMI, excluding Utilities

$145,000 - 210,000

*Construction & Equipment estimate varies by size & space condition

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