Excellent location in the multiple businesses of the commercial Plaza on the main Highway. The store has been operating successfully for over 15 years by the same owner, generating consistent annual sales of over $520,000 (excluding lottery) with a low cigarette sales ratio of only 65% with 8% profit. And, selling Beer & Wine. The store offers steady additional income of $4, 000/month from lottery commission and $600/month from the ATM, which fully covers the rent and utilities. Extra Income from Purolator, UPS & Bitcoin ATM. The low rent is highly favorable at just $2,700/month (TMI & HST included), with 3 years remaining until June 30, 2028, plus a 5-year renewal option. Easy operating and short opening hours. Don't miss out on this exceptional investment opportunity. All buyers and their agents are encouraged to conduct their own due diligence.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1000 sq. ft. Square Feet
Total Area:
1,000 sq. ft.92.9 m2
Retail Area:
900 sq. ft. Sq Ft
Office/Apt Area:
100 sq. ft. Sq Ft
Depth:
93'28.3 m
Frontage:
11'3.35 m
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Plaza
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 /
2025
Assessment:
$- /
-
Port Hope
Port Hope
Northumberland
No
See the Schedule "C".
See the Schedule "C".
The inventory is to be paid for separately. See the Schedule "C"
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