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CLS victoria St, Langford, BC, V1V 1V1

MLS® # 975071
Commercial For Sale In Langford, British Columbia
$495,000
Cls Victoria St, Langford, BC
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ACTIVE
CLS victoria St, Langford, BC, V1V 1V1
$495,000

Property Information:

Liquor primary pub/restaurant in a great high-traffic location in one of Victoria's fastest-growing communities.This business has been in operation for over a decade and is run by an absentee owner with full management staff in place.The business has the highly sought-after liquor primary license which allows the business to operate as a bar which gives the operators flexibility in how they operate The pub has a massive and fully vented commercial kitchen space capable of handling the 200-seat restaurant with ease while providing ample prep space for catering opportunities. The recent approval of a University Campus, just a short walk from the Pub will bring a brand new young demographic to the already busy area.The price of the business is less than half the cost of the build-out in today’s market and offers a great opportunity for an operator to acquire a great pub location with a proven track record of sales.It is fully turn-key and only requires a re-branding to be operational.

Property Features:

  • Annual Tax Amount: $1
  • Business Type: Restaurant/Bar
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Business

Courtesy of: Pemberton Holmes - Cloverdale

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Location of CLS victoria St, Langford, BC, V1V 1V1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

27 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

12 storms expected in 2050

Projected Heat Risk: Moderate

27 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, CLS victoria St , experiences 7 hot days per year at around 32.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 36.6 degrees Celsius.

Projected Avg. Temperature

Past
32.8℃
2050
36.6℃

# Hot Days Per Year

Past
7
2050
27

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

12 storms expected in 2050

21/100

Moderate-Low

ClimateCheck®

Current data

This property, CLS victoria St , experiences 11 significant 2-day storms per year, with about 144.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 158.6mm of precipitation per year.

Precipitation Per Storm

Past
144.4mm
2050
158.6mm

48-Hour Storms Per Year

Past
11
2050
12

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of CLS victoria St, Langford, BC, V1V 1V1

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$195,600.00

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.42 %

High school certificate or equivalent

30.0 %

Apprenticeship trade certificate/diploma

7.35 %

College/non-university certificate

19.71 %

University certificate (below bachelor)

3.53 %

University Degree

30.0 %

Commuter

Travel To Work

By Car

94.38 %

By Public Transit

0.0 %

By Walking

2.5 %

By Bicycle

1.25 %

By Other Methods

1.87 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

1.83 %

Houses

98.17 %

Own Vs. Rent