KEVIN PIRIE
(250) 381-2265 ext. 26
[email protected] Exceptional Business Opportunity As new, turnkey Resaurant Central Saanich Location 37,025 sq.ft. site with approximately 30 on-site parking stalls Pub/ Restaurant with Food Primary liquor licence Completely rebuilt to highest industry standards Asset Sale Please call to arrange a viewing or for an information package NAI Commercial (Victoria) Inc. Ste.200 - 569 Johnson Street Victoria BC Canada V8W 1M2 www.naivictoria.ca
KEVIN PIRIE
(250) 381-2265 ext. 26
[email protected] FEDELE DISALVO
(250) 418-5148
[email protected] 5285 West Saanich Road Details
Improvements
Site: The property is approx 37,025 sq.ft. with over 100 feet of frontage on West Saanich Road. Legal Description: Lot 1, Section 72, Plan 5526, LD 62 (PID 002-772-892) License: The Saanich Road House Bar and Grill has a Food Primary liquor license. Zoning: Local Commercial Zone C-1 allowing for retail, restaurant, office and other commercial uses. Seating: Inside seating for approx. 98 and outside patio seating for aprox. 40 with significant expansion potential for outdoor seating Inventory: See inventory list for a detailed summary of equiptment and furnishings included in the sale. Current ownership: 0795133 BC Ltd. - a single purpose corporation created as a holding company for the property. Sale Type: This would be an asset sale with the purchaser receiving the property, business, trade fixtures and improvements included in the purchase price at completion. The owner will also consider a lease to own. Financing: Treat as clear title. Vendor may finance.
Location
The original building was constructed in 1950 for the Cock & Pheasant Restaurant and later operated as the Prospector and more recently as the El Rancho. Since being purchased by the Wilson brothers in August 2007 the entire building has been re-built from the ground up and re-equipped with new kitchen(s) and furnishings to the highest industry standards. Significant improvements include but are not limited to: Interior: Features old growth cedar bar, antique doors and shutters, fully restored 1949 Harley Davidson and much more. Kitchens: Brand new fully equipped commercial kitchen and outdoor gazebo kitchen with Jackson BBQ Refridgeration: Walk-in refridgeration including beer room Electrical: New 600 Amp 3 phase electrical service. HVAC: Three 5-ton York roof mounted heat pumps. Outdoor Patios: Approx. 40-seat patio on south side (secret garden) and new patio area in front with 100-seat potential. Parking Lot: New black top professionally line painted for approx 30 vehicles. Septic Service: Over $200,000 spent on a state-of-theart BioNest system. Site Services: New 1,000 gallon VI propance tank (leased), municiple water. Signage: New pylon sign by Knight Signs
Offering Process Interested parties are invited to submit offers to lease the property through NAI Commercial and are encouraged to use the Standard MLS Commercial Contract of Purchase and Sale, a sample copy is available upon request. This property and business is offered an Aset Sale with a purchase price of $1,495,000.00. NOTE: Seller will also consider trades.
KEVIN PIRIE
(250) 381-2265 ext. 26
[email protected] FEDELE DISALVO
(250) 418-5148
[email protected] The information contained herein is obtained from sources believed to be reliable, however, NAI Commercial, and its agents assume no liability for its accuracy and all parties are advised to verify all information to their satisfaction. Prices and terms are subject to change or withdrawal without notice.