Well-established Reading Town education business located in the highly desirable Glen Abbey area, surrounded by established residential communities and schools, providing a strong base of potential students. Approx. 1,370 sq.ft. turnkey unit with functional layout and excellent exposure within a busy commercial plaza. Current gross lease of $4,041.03/month inclusive of TMI and HST, with term until May 31, 2027 plus a 5-year renewal option. Business is currently operating only 4 days per week, 5 hours per day, offering significant potential to increase revenue through extended hours. Excellent opportunity for an investor or owner-operator to take over a reputable learning centre with loyal clientele and proven operating system. Ample parking and convenient access for students and families. Owner retiring.
Address
207 - 1131 Nottinghill Gate
List Price
$250,000
MLS® Status
New
Expiration Date
2026-08-31
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Oakville
Sub-Area
1007 - GA Glen Abbey
Region
Halton
Lot Type
Unit
Lot Size Units
Feet
Total Building Area
1370
Occupant Type
Owner+Tenant
Cross Street
Fourth Line & Pilgrims Way
MLS® Number
W12760720
Listing Brokerage
CENTURY 21 NEW CONCEPT
Postal Code
L6M 1K5
Posession Details
TBA
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Outside/Surface
Security Features
No