#19 1225 Wonderland Road North, London North (North I) - Business for Sale
#19 1225 Wonderland Road North, London North (North I), Ontario, N6G2V9
This business in London North is for sale offering roughly 1,150 sq ft of space. It has been on the market 21 days, fresher than the London North average of 40 days.
Description
Mall Retail Business For Sale. Ellen's Children's Shoes - 'Perfectly Fit by Ellen'. An Established & Successful Children's Footwear Store. Attention Entrepreneurs, here's a chance to take over a thriving footwear business with a proven 33-year track record of success. Located in the high-traffic Sherwood Forest Mall, London, Ontario. Surrounded by multiple AAA Retailers anchoring this Mall, PERFECTLY FIT by ELLEN, offers easy access and steady daily foot traffic for families and frequent shoppers. Retail Draws Include: GoodLife Fitness(4000 members), Food Basics, Shoppers Drug Mart, Dollarama, Bernie's Restaurant, Tim Hortons, Subway, Pizza Pizza, Burger King, Pet Value, and Petro Canada with a McDonalds restaurant. The area directly surrounding the mall is bustling with additional traffic and opportunity with: TD Bank, Sir Frederick Banting school (1,600 students), Medway Community Centre (featuring ice pads), the Canada Games Aquatic Centre (public swimming pools), and a University of Western student residence (600 students). Total Space = 1,150sqft. Store Features: Large open concept retail area, Large storage area with shelving, Private 2pc bathroom, Kitchenette, and Office. This turn key operation is perfect for an owner-operator or investor. Seller (Ellen) is open to staying on during transition, to ensure your continued success. Existing Lease Term - 5yrs ending 2029, with 5yr optional extension. Rent is $18.90/sqft + cam & taxes, estimated total = $3,860.87/month in 2025. Gradual increases from 2026-2029 up to $21.50/per sqft in Year 5. Sale of the Business is plus the Cost of Inventory at Completion Date and Includes: Existing Lease, Business Name and Facebook Business Page with 5,500 followers, and over 3 decades of continued success to a loyal and always growing customer base. Take advantage of this rare opportunity to own a recession resistant, community-trusted retail business, in one of London's busiest retail hubs. Inquire today to learn more. (id:66096)
Property Details
- MLS®
- X14033556
- Property Type
- Business
- Zoning
- CSA4
- Bathrooms
- 1
- Interior Size
- 1,150 ft²
- Heating
- Other
- Cooling
- Fully air conditioned
- Property Tax
- $3,860.87/yr
- Listed
- 21 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 21 days on market, against an average age of 40 days across the listings currently for sale in this city
This business in London North (North I) has been listed for 21 days, which is 19 days fresher than the city average of 40. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N6G)
This home lists at $75,000, about 0.8× the local median household income of $96,000.
Carrying it typically needs a household income of about $14,650 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $96,000
- Population
- 50,940
- Median age
- 36.4
- Owner / renter
- 71% / 29%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA N6G)
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$75,000
London North