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1140 – Pub in Amazing Location – NOW $449,000

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This gastro pub is located in the heart of one of Calgary’s trendiest neighborhoods! This pub has a great roof top patio. Lots of new condos and apartments have been built in the area with more on the drawing board. Population density will increase dramatically. Very active BRZ with infrastructure plans to make the area even more spectacular in the next few years!

Sales: Gross sales: $1.6M per year

Size in sq. ft.  4,513 sq. ft. on main floor; 1,814 sq. ft. in basement
plus a large roof top patio on the second floor

No. of Seats:125 seats on main floor plus pop-up outside patio and 68 on roof-top patio

Number of parking stalls: 2 dedicated stalls in back

Financing: Treat as clear title

Style of cuisine: Gastro Canadian pub food

Customer Demographics: Visitors to trendy neighborhood; locals; lots of regulars

Type of service: Table

Hours of operation:
Closed on Monday

Tuesday – Sunday 11 am – 11 pm

Number of employees: 20 – mixed full-time and part-time

 

Leasing information:

Rate per sq. ft.  Gross monthly rent approx. $14,583 which includes rent, CAM and GST.
C.A.M. Property tax $5,661 per month
Lease Term: 6 years left             Option periods: Two 5-year options at market rate
Deposit held by Lessor: Zero

 
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