Chris Doehner | 1004 – Vacant, Developed Pub – Space for Lease $299,000


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1004 – Vacant, Developed Pub – Space for Lease $299,000

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1004 – Vacant, Developed Pub – Space for Lease $299,000

This is a gorgeous, well-located pub premises on a busy street with lots of traffic by the door. Lots of local clientele. There are 2 separate areas which offer different configurations for private functions; paint nights; comedy night or other activities. Very high level of finishing and attention to detail throughout the facility as over $1.5M was originally spent to build this pub. A stop on the new Green-Line LRT station will be right outside the door!  It’s a pleasure to walk through this beautiful space!

This opportunity will not last long – contact Chris to arrange a showing ASAP!

Business Information

Gross sales: Has been as high as $1.5M per year when operating
Size in sq. ft.: 5,009 sq. ft.
No. of Seats: Total 150 with 75 on main and 75 on a raised area
Number of Parking Stalls: 17 dedicated stalls plus on-street
Style of cuisine: Pub fare – menu to be set by new owner
Customer Demographics: Wide range of ages; locals; lots of regulars
Type of Service: Table
Hours of Operation: To be determined by new owner
Number of Employees: As required

Leasing information:

Rate per sq. ft.: $20 per sq. ft.
C.A.M.: A reasonable CAM rate to be determined
Lease Term: 5 years   
Option Periods: One 5-year option
Deposit held by Lessor: To be negotiated
Financing: Treat as clear title

Please contact Chris for any questions or to set up a showing.