35 STEWART Street Unit# 4

Large 2,000 sq ft double unit ready for occupancy in a multi-unit industrial building in Meaford (zoned M1). This double unit has up to 300 sq ft of retail space available. The 2 areas are divided by a wall with an 8' x 10' opening creating multi-use options and divisible space. The primary unit has flat ceiling height of 10 feet and the warehouse area has a cathedral ceiling peaking at 14’ 8”. The unit has an accessible washroom, gas furnace and gas hot water tank. The warehouse has a separate ceiling hung gas unit heater and 8' x 10' roll-up bay door and single 36” door for ground level loading and receiving. The unit has a 100 AMP electrical service that can be upgraded to 200 AMP if needed. There are plenty of outlets located near the floor in the main unit and 4' high in the warehouse area. Leasehold improvements can be completed by the Landlord (amortized over the initial lease period) or the tenant and can be negotiated in the agreement. Minimum 24 month lease with an option to renew for a further 36 months (rate to be negotiated prior to renewal). There are a total of 12 parking spaces for the building and 6 are located in front of this unit. This is a triple net lease - Tenant will pay additional rent covering property taxes, maintenance and building insurance (TMI). The property tax amount will be subject to annual adjustment. The Landlord pays municipal water and sewer services and the Tenant pays hydro, gas and any other services/fees required to operate their business in the unit. Tenants must also provide their own insurance for contents and business activities. Municipality of Meaford M1 Zoning (Restricted Industrial) can be used for many commercial purposes (Tenant/Tenant's Agent to complete their own due diligence to confirm use is suitable for their purpose). For permitted uses - refer to pages 83-85 (copy & paste URL): https://www.meaford.ca/en/business-development/resources/Documents/ZBL60-2009-as-amended-July-2019-Office-Consolidation.pdf (id:16261)