7 Metcalfe Street E, Strathroy
7 Metcalfe Street E, Strathroy
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- Bathrooms: 1
- Living area: 2635 square feet
- MLS®: h4189794
- Type: Commercial
- Added: 17 days ago
- Type: Commercial
- Listed by: Point2
Property Details
Location! Location! Location! Busiest intersection in the growing Town of Strathroy. Fantastic opportunity to own property & business. Perfect as a family-run business, new immigrants or add this flagship gem to your portfolio. Put down a 25% deposit and take advantage of the interest only VTB of 75% @ 5.25% for 2 years. Currently under absentee ownership. Manager runs site. Ultramar Gas, ON the RUN store & Mr. Sub franchise. Newly re-opened site, New Fuel/brand contract. New Lotto. New ATM. New back office system. New Smart-Safe. Development completed July 2023. 1.5 HRS from GTA. Open 24 Hours. Built as new in 2018/2019, with new double tanks & piping, new dispensers, Veederoot (monitoring system). Clean Phase II environmental report, completed in June 2021. Pre-pandemic (2019) fuel sales of 4.1 M litres of diesel and gas sales, currently 2.5 M litres. Pre-pandemic (2019) store sales of $1.5 M, currently $700K - Mr. Sub sales $300K per annum. Options for the new owner: Convert the office back into an apartment, Get ready for beer sales by converting the area beside counter into a Cold Vault. Add apartments above existing building.
Features
- Other: Business Name: Ultramar/OntheRun/ Mr.Sub, Chattels Included, Exclusions: OLG lottery machine & accessories, stand-alone Red Bull cooler, stand-alone Coke cooler, Nestle coffee machine, outdoor ice box, ice cream freezer, ATM, Ultramar identification on canopy (Flex & frames only), ON the RUN identification., Freestanding, Hours Open: 24
- Cooling: AC: Yes
- Heating: Gas Forced Air Closed
- Lot Features: Urban
- Sewer/Water Systems: Sewers: Sanitary & Storm
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