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1053 – Neighborhood Pub – NOW REDUCED TO $149,900

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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, Boomer dancing (older crowd) or other activities which have proven to be profitable. 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!

Sales: Gross sales: $500,000 – $600,000 per year

Size in sq. ft. 5,009 sq. ft. on two levels

No. of Seats: 150 with 75 in each of two areas

Number of parking stalls: 17 dedicated stalls plus on-street and other nearby lot

Financing: Treat as clear title

Style of cuisine: Pub meals and snacks

Customer Demographics: Wide range of ages; locals; lots of regulars; great residential back-drop

Type of service: Table

Hours of operation:
11 am – 2 am; 7 days a week

Number of employees: As required –  mixed full-time and part-time

Leasing information:

Rate per sq. ft. $20 per sq. ft. or $8,348.33 per month
C.A.M. $6.50 per sq. ft.
Lease Term: 5 year term; goes to June 26, 2024             Option periods: Two 5-year options
Deposit held by Lessor: To be negotiated


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