Expression of Interest - Restaurant Space for Lease: 1540 Old Bridge Street

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 leasing@granvilleisland.com 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: leasing@granvilleisland.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:

Attention:    

                   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.

    

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PDF icon 1540 Old Bridge Map342.91 KB
PDF icon 1540 Old Bridge Survey227.27 KB