Share Sale of Tech Tool Holdings Inc. - Property Owned
Two adjoined industrial strata units situated at 9466 189th Street, Surrey, BC V4N 4W7. The property is conveniently located with regard to Highway 1 access and proximity to both the Port Mann and the Golden Ears bridges, providing quick accessibility to all areas within the Lower Mainland and the Fraser Valley.
Tech Tool Holdings Inc is the original owner of the two adjoining strata units. Each strata unit originally came with 3 parking stalls. Tech Tool Holdings purchased an additional 10 parking stalls giving a total of 16 parking stalls. The additional parking not only allows for ample parking for staff and customers (vs most businesses in the area who need to compete for the short supply of street-parking) but it also will allow for future expansion of the facilities. As per the City of Surrey, in order to obtain a building permit to add a second floor or mezzanine, a property is required to have sufficient parking to allow for the expansion. The ability to add a mezzanine or second floor would effectively double the useable space which would allow for growth or rental revenue generation.