It is the end of the month and another $4000.00 is due to the landlord, this is after 3 years in business. Your lease is due to be renewed for another 3 years and the rent will increase to $4400.00 per month. Business has been fair but you are still paying a landlord and now that the margins decrease, as rent increases there will be a need to raise the prices on product to maintain the margins. Does this keep the business competitive with the competition? Another $4000.00 per month for 5000 Sq Ft; what to do? Reduce overhead? How? Take a 10 minute drive east of Hamilton Mountain to 8270 Highway 20. This a commercial-retail property with 5000 St Ft of divisible and expandable show room AND a 5000 Sq Ft basement equipped with a conveyor belt to the main floor.
Literally, this property is minutes to the expanding development of the east Mountain, Stoney Creek, Smithville and the QEW. High visibility on the busy Highway 20. A Window and Door business? Flooring, Kitchens, Appliances? Large Showroom and ease of loading, plethora of storage with ample parking. in a growing area. Space, accessibility and at $599,000, this is a sound investment and an investment in a long term business. With favourable interest rates, this property is a perfect setting for a New Start-Up business or to Re-Locate an existing business.
Take Centennial Parkway exit from QEW, drive south up the escarpment on Centennial Parkway and turn left onto to Highway 20 and in about in about 10 minutes, the property will be on the right.