Prime freestanding restaurant space for lease at 1540 Old Bridge Street (approx. 3124 SF main floor, 1128 SF mezzanine and 1549 SF patio space)
CMHC Granville Island is offering a prime restaurant location for lease. This restaurant location offers an established walk by customer base in a scenic park location. We are looking for a locally owned and operated restaurateur to bring a new casual dining option to Granville Island’s food scene. Concept submissions should focus on an offering that will complement local consumers’ food and beverage interests and demonstrate a business model that promotes and/or improves the local food scene at an accessible price point.
The shortlisted candidate for this location will present:
- a maximum 3 page executive summary of the concept including ownership and management structure and business concept
- a high quality menu offering that aligns with local food and beverage interests (sample menu required)
- a renovation plan for the interior and exterior of the space (conceptual sketch and proposed capital investment)
Estimated Minimum Rent: the greater of $37.00 PSF or 6% Percentage Rent
Estimated Additional Rent: $4.66 PSF (excludes property tax, hydro and gas)
Availability: Vacant as of December 1st 2017
Interested parties can email firstname.lastname@example.org for an information package on the available space to assist you in your submission. Viewing of the space will be by appointment through the CMHC leasing staff only. Applicants who are reported to have disturbed the current tenant’s operations will be disqualified from the application process.
Please email your submission or any inquiries with the subject line “Expression of Interest – Restaurant Space” to: email@example.com
The deadline for submissions is: November 30th 2017
Any hard copy materials which you would like to supplement your online application with can be submitted to:
Sabrina Lakos, Leasing Manager
CMHC Granville Island
1661 Duranleau Street, 2nd Floor
Vancouver, BC V6H 3S3
No privately or publicly owned chains or franchises will be considered.