Business For Sale · Retail

1 - 456 WHARNCLIFFE ROAD S, London South (South G)

1 - 456 WHARNCLIFFE ROAD S, London South (South G), ON N6J2M9

$129,000 total

—

Asset Class

Retail

Size

—

Building class

C

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

92%

About this property

Well-Established Convenience Store & Canada Post Outlet in a high-traffic location. Rare opportunity to acquire a long-standing retail business with 15 years of continuous operation. The business is well established in the community and features a busy Canada Post outlet, complemented by lottery sales, passport photo services and an alteration/dry-cleaning depot. Positioned within a major commercial corridor, with approximately 33,000 vehicles passing daily, the location offers excellent visibility and exposure, with ample parking. The surrounding plaza is home to established businesses including Pita Pita Middle Eastern Cuisine, Subway and Midas, creating a strong commercial environment and consistent customer activity. An attractive lease term further supports the opportunity for a buyer looking for long-term stability. There is additional potential to grow the business through extended operating hours and the introduction of additional products and services, subject to applicable approvals. The Landlord has also approved, at the Tenant's expense, a separate front entrance for a potential vape shop, subject to City approval and all other applicable requirements. Inventory extra. NDA required for release of financial information. Please contact listing agent , do not go direct. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$129K
Down payment30% · $39K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$596

Projected NOI

$7K

Annual cash flow

$47

Cash-on-cash

0.12%

DSCR

1.01

Going-in cap

5.58%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

142,829

Households

61,651

Median income

$67,500

Median age

38.3

Daytime population

198,435

5-yr growth

6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1 - 456 WHARNCLIFFE ROAD S, London South (South G).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.