Commercial / Retail Space For Sale - STRATHROY
Own a piece of Canadian History! The `Clocktower` was built circa 1889 to house a federal post office and designed by Thomas Fuller, the chief architect of the Parliament Buildings. The Clocktower was completely refurbished in 2007 and 2015 and converted to house a main floor (3,980 Sq. Ft.) restaurant the Clock Tower Bistro and Pub along with eight individually appointed suites known as the Clock Tower Inn. This building has been exquisitely refurbished and the pride of ownership shines throughout. A great cash flow property netting $110,700 per year with a 2.5 yearly increase with the current lease expiring December 31st, 2024. Upgrades include new HVAC systems, on demand water heaters, new stamped concrete patio, brick repointing, updated electrical and plumbing etc. Tenant is well renowned Owner/operator of both businesses and attracts customer from all over. 2015 full appraisal and list of upgrades are available upon request. Full turn-key investment!
Commercial / Retail