The Alton Mill Logo

Masthead

Monthly Leases

Come join the Alton Mill family!

People like spending time at the Alton Mill. It has something to do with the beauty of the surroundings and being around other creative individuals. There's just a great "vibe" here.

There currently is one studio available to rent. We also would like to convert one of our most spectacular spaces into a destination restaurant.

If you have certain studios or galleries in mind for your business/craft, you can always place your name on our waiting list to be notified of any changes in tenancy around the mill.

Rental rates are structured as a “semi-gross” lease, where the total rent, including common expenses and utilities, is established for the first year. The rents are subject to escalation to cover operating cost increases in subsequent years. Semi-gross rents start at from about $500 per month (plus HST) for a 285 sq. ft. studio to approximately $1,200 per month starting rent for a retail space. The retail spaces also have a percentage rent clause, where the landlord earns a percentage of sales over and above a set minimum. This gives the Mill’s owners a financial interest in helping to make your business successful.

All tenants also pay into a common marketing fund which is used to promote regular events and awareness of the mill as a destination amongst our target market. The annual budget is established in consultation with all the tenants, and a broadly representative Joint Marketing Committee plans and implements the Mill’s marketing activities and events throughout the year.

For more information about a long-term lease at the Alton Mill, send an email to leasing(at)altonmill.ca. For a tour of our studios or retail spaces, please call Margi Taylor at (519) 940-0935.