The Jolly Roger On BC s Sunshine Coast

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The Jolly Roger On BC s Sunshine Coast Jason Zroback jason@landquest.com 1 (604) 414-5577 Jamie Zroback jamie@landquest.com 1 (604) 483-1605

The Source for Oceanfront, Lakefront, Islands, Ranches, Resorts & Land in British Columbia www.landquest.com

The Jolly Roger On BC s Sunshine Coast PROPERTY DETAILS Listing Number: 13015 Price: $799,000 Taxes (2010): $11,685.74 Zoning: SIZE C3 The property is part of a strata development located on 5.4 acres. LOCATION Secret Cove on BC s Sunshine Coast. DIRECTIONS From Horseshoe Bay, take the Langdale Ferry (approximately 45 minutes) and continue along the Sunshine Coast Highway (Highway 101) past Sechelt and towards Pender Harbour. Turn towards the water on Mercer Road and follow it until you see the Jolly Roger Inn. DESCRIPTION The Jolly Roger is ideally located in Secret Cove on the Sunshine Coast, which is one of BC s booming real estate markets. The Jolly Roger is a 7,700 square foot modern contemporary designed split level building which was constructed in 1980. It was specifically designed for a restaurant and bar/ lounge. The unobstructed panoramic ocean view looks over a large marina and out into Secret Cove. Location for any venture is always key and this is certainly that. The community of Secret Cove has grown leaps and bounds in recent years and because of the protection of the cove year after year the three marinas in the area are either near or at capacity. Because of the accessibility to marine facilities accompanied by the expansive ocean views, more and more people have taken up full time residence in the area. But in the summer months the area explodes with tourists, seasonal residents and vacation seekers. The Jolly Roger is an exciting opportunity. It lends itself well to its current operation. As an investment opportunity a possibility may exist for a residential row housing conversion or adding additional guest rooms into its current operation. This property is also available for lease. IMPROVEMENTS The structure was specifically constructed for a restaurant and bar, as well as having a banquet room, terrace/lounge, offices, storage rooms, laundry rooms, staff change rooms, two bedroom suite (consisting of three rooms and a full 4 piece washroom), public washrooms, kitchen, service areas, etc. Main Floor (contains nine (9) areas) 1. Entry foyer and lobby area 2. Receptionist s area

3. Bar/lounge with a seating capacity of 58 on two levels with a fully equipped bar with refrigeration equipment, glass washer, sinks, coolers, shelving, cash register, leased pool table and dart board 4. Nicely appointed restaurant with a seating capacity of 85 on two levels with full panoramic view 5. A fully and well equipped good quality stainless steel kitchen with all appliances, built-in freezer, refrigerator, dishwashers, fryers, grills, food preparation area, convection oven, pizza oven etc. 6. Kitchen storage room for storage of canned goods, staples etc. and a separate room for wines and liquors 7. Staff washroom consisting of a change area and one 2-piece washroom 8. The basement or lower level consist of a 5-piece ladies washroom and a 5-piece men s washroom, a large office with sliding doors to the deck on the lower level, a storage room which is also the boiler room for the hot water tank and a laundry room - there is a small unfinished area in the crawl area which houses the electrical panels and small enclosed space under the building called a workshop, but mainly used for storage 9. An outdoor terrace/lounge licensed to seat 30 but has the capability to accommodate 60 +. *Note* Deck occupancy reduces dining room allowable on a 1 to 1 ratio. The second level has a 57 seat banquet/conference room. There is a two bedroom suite on the upper level (no windows in the bedrooms, no kitchen facility). There is also a mechanical room on this level, providing heating to the kitchen and apartment as well as mechanical ventilation for the kitchen and bar. The building is attractively designed. It is well constructed to a good grade of workmanship and materials. The building is in good functional condition and has been well maintained. The banquet/meeting room on the 2nd floor level is being utilized for private parties, seminars, etc. The kitchen is exceptionally well appointed and can service a high volume of patrons. The terrace lounge area provides additional seating capacity for dining and lounge areas in the summer months. Building Area Main floor level Second level Upper level Basement TOTAL 4,494 sf 1,298 sf 1,298 sf 1,024 sf 7,740 SF Construction Details Reinforced concrete footings and foundation walls with some poured concrete supporting wood posts which support the building Roof, cedar shingles *Note* the roof is brand new Wood frame building with clear cedar siding Interior finishing, mainly cedar in public areas with gyproc in the kitchen, washrooms, offices, meeting rooms - Lounge and Dining room are open beam ceilings. Flooring consists of a combination of hardwood, carpets and quarry tile. Electrical wiring is 1200 amp service, three phase power, ample wiring, lights, electrical outlets etc. Plumbing consists of two 5-piece public washrooms, one 2-piece staff washroom, one 4-piece executive washroom plus plumbing in the kitchen and service area, bar/lounge area and laundry room etc. One more feature to add is the ownership of the Jolly Roger comes with 2 slips in the marina below.

AREA DATA The Sunshine Coast is located north of Vancouver and is mainly accessible by car ferry from Horseshoe Bay to Langdale in the south and Powell River to Comox on Vancouver Island to the north. The scenic 165 km drive from Langdale to Powell River is probably the prettiest in the province. LEGAL STRATA LOT 31, DISTRICT LOT 4545, STRATA PLAN VR757 + UNIT ENTITLEMENT TO COMMON PROPERTY OF STRATA LOT SHOWN ON FORM 1. PID: 005-824-851 The Sunshine Coast has mild, wet winters and warm, sunny summers. Coast life offers no pollution, well-developed commercial and service sectors and lower housing costs compared to urban centres. RECREATION As successful lures, hot spots, and biting times vary so greatly in the convoluted waterways around Pender Harbour and nearby Jervis Inlet, it s important to drop by one of the marinas for the inside line, plus charts, licences, restrictions, and limits. Fishing is what they do best here, and patience is their long suit with visitors - all that sunshine has a profoundly positive effect on residents attitudes. HISTORY The area around Secret Cove was originally inhabited by the Shishalh Tribe of the Coast Salish First Nations. The area was chosen for its mild climate and abundance of fresh water and natural food (fish, shellfish, berries and roots). The Shishalh Tribe became known as the Sechelts, a derivation of she shalt, meaning the people. Roberts Creek formed the boundary between the Sechelt people to the north and the Squamish people to the south.

Notes

The Source for Oceanfront, Lakefront, Islands, Ranches, Resorts & Land in British Columbia www.landquest.com Jason Zroback Representative jason@landquest.com 1 (604) 414-5577 Jamie Zroback Representative jamie@landquest.com 1 (604) 483-1605 LandQuest Realty Corporation 101-313 Sixth Street New Westminster, BC V3L 3A7 Phone: (604) 664-7630 Fax: (604) 516-6504 Toll Free: 1-866-558-5263 (LAND) Our property descriptions and geographical information are taken from the BC Assessment Authority, Land Titles Office, government maps and other sources. While LandQuest does not guarantee the information, we believe it to be accurate, but should not be relied upon without verification. This communication is not intended to cause or induce breach of an existing agency agreement.