2 - 27 Whitfield Avenue Hamilton, Ontario L8L 4B5

$149,000

Rare opportunity to own a well-established automotive business with a strong reputation in the Hamilton location. The buyer will have the chance to take over all existing clients and all shop equipment. Zoning: M5 Zone permits Motor Vehicle Repair (current use), Motor Vehicle Body Repair & Painting, auto parts retail, Dealer, Savage yard. The premises consist of approximately 2,464 sq ft shop, and a large additional lot is fully set up for general automotive repair and maintenance, allowing for a smooth transition for the next operator. Turnkey operation with existing lease in place. Current lease term runs until January 31, 2030, plus three years, providing long-term stability. Competitive rent structure with scheduled increases over the term. Tenant is responsible for utilities including hydro and gas, along with a proportionate share of additional operating costs; utilities 50% of the total. Rent including TMI and HST: $ 7900. The property also features a large additional lot with parking for approximately 95 Vehicles, including the rent. (id:55460)

Business

Business Type	Automobile
Business Sub Type	Automotive

Property Details

MLS® Number	X13657922
Property Type	Business
Community Name	Industrial Sector
Amenities Near By	Highway

Building

Bathroom Total	2
Cooling Type	None
Heating Type	Radiant Heat
Size Interior	2,500 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Highway
Size Depth	165 Ft
Size Frontage	180 Ft
Size Irregular	Unit=180 X 165 Ft
Size Total Text	Unit=180 X 165 Ft
Zoning Description	M5

https://www.realtor.ca/real-estate/30136304/2-27-whitfield-avenue-hamilton-industrial-sector-industrial-sector