A rare opportunity to acquire a flagship Mobil-branded gas station and convenience store in one of Londons highest-traffic locations. Established in 1985, this operation offers over four decades of consistent revenue, community trust, and the strength of a globally recognized brand. Situated prominently at the signalized corner of Adelaide Street South and Thompson Street, the site benefits from unmatched visibility to more than 26,000 vehicles per day, steady walk-in traffic, and direct access to established residential neighbourhoods immediately behind the property. The convenience store spans approximately 1,200 square feet and features dual washrooms, on-site parking, and an efficient layout designed for customer flow and operational ease. Current lease terms are approximately $6,500 plus HST net per month under a cross-lease arrangement, providing stability for long-term operators. The purchase price is in addition to the cost of inventory at closing. This property represents a recession-resistant business model anchored by fuel and retail sales, with significant future upside potential through ancillary services such as lottery, ATM, foodservice, or parcel pickup. An exceptionally well-located, turnkey business in one of London's busiest corridors, this offering provides immediate cash flow and long-term security.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
Yes
Retail Area:
900 sq. ft. Sq Ft
Lot Depth:
115'35.1 m
Lot Frontage:
80'24.4 m
Water supply:
Municipal
Zoning:
Gas Station/convenience store(legal nonconforming)
Heating type:
Electric Forced Air
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$7,900 /
2025
Assessment:
$- /
-
Middlesex
London South
South L
security monitoring $75 a month
three coolers, Feral shake machine, Freezer, windshield rack, all the shelving outside and in the store, pos cards machine, pop corn machine, patty warming machine. three tv's, computer, camera security system,
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