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To acquire a one-storey, freestanding strata-titled commercial building constructed circa 2009. The building is approximately 3,062 SF and was purposely built for a pub and retail store. The building is currently owner occupied by the Kingswood Pub and the Kingswood Liquor store is leased to a separate operator. Building Features Approximately 780 SF lease to Liquor Store Approximately 2,282 SF for the Pub space (owner will leaseback) 2 washrooms and 1 separate handicap washroom HVAC 20 parking stalls plus opportunity for 10 additional at $15 per mth per stall Vaulted high ceilings 25 ft in some area (open plan) 3 phase power Polished concrete floor Constructed new building (2010) Operated as a pub since 1976 (rebuilt and opened in 2010)
This retail opportunity is conveniently located near the intersection of No. 5 Road and King Road, which is only a few blocks away from the new Townline and TA Group’s mixed-use development – The Gardens. The demographics in this area have a good average household income that supports the neighbourhood business activities in the area. The neighbouring liquor store and pub is also one of the longest running liquor establishments in Richmond and draws crowds from all over the city.