Popular pub is closing in Toronto after landlord asks for $156K in rent
"We have had some great times and some challenges, unfortunately we couldn't overcome the challenges - an unfair lease expectation from our greedy landlord. As a tenant for 9 years, we never ever failed to pay the due diligences on time," reads the caption to their closing announcement on social media.
"But during these difficult times, he has ignored our pleads to reduce rent, renegotiate a new lease, failed to apply rent subsidy from the government. This week he has come and given us a legal notice asking to pay $156K from April to August."
After 9 years of serving our customers, it is with a VERY HEAVY HEART that we have to announce the closing of The Office Pub effective Monday, August 31st. We have had some great times and some challenges, unfortunately we couldn’t overcome the challenges - an unfair lease expectation from our greedy landlord. As a tenant for 9 years, we never ever failed to pay the due diligences on time. But during these difficult times, he has ignored our pleads to reduce rent, renegotiate a new lease, failed to apply rent subsidy from the government. This week he has come and given us a legal notice asking to pay $156K from April to August. It has been a pleasure serving, connecting and celebrating with all our customers over the years. We are so grateful to all of you. 🙏🙏🙏. To all the awesome staff who have worked for us over the years and presently thank you for the awesome work guys. We sincerely appreciate all your hard work and commitment. It's been a privilege and a pleasure to serve such an incredible, dedicated and passionate community. Thank you again from all of us at The Office Pub.
According to general manager San Yoges, the landlord in question is Al Carbone: that's right, the guy behind Kit Kat, the one who put up those offensive ice sculptures and whose restaurant is currently out of business.
As someone who's supposedly part of the industry, you'd think he'd be a little more sympathetic.
So many good memories over the last 9 years what an incredible journey this has been. We thank all our customers loyal support over the years. It might come to an end, If our landlord doesn’t renegotiate lease terms with us. Under the current situation we can’t afford to be paying $30K rent in August. Hey Mr. Al (AKA King Street Mayor) come sit down with us and renegotiate a Fair Lease under the current situation. #SaveOfficePub #AlCarbone #SaveJohnSt #HelpRestaurants #2011 #SaveTheRestaurants #SaveTheOfficePub #BlogTO #EntertainmentDistrict #Toronto #117JohnSt #ClubLucky #KitKat #JohnStreetPubs #TheOfficePub #TheOfficePubTO #NegotiateLease #RentReduction #TorontoConstruction #WeAreJohnSt #KaraokeBar @blogto @cbctoronto @thetorontostar @narcitycanada @cp24breakingnews @johntory @fordnationdougford @entertainmentdistrictto
"The main reason we are closing because of COVID, lack of business and our landlord has failed to protect us after being a tenant for nine years. He initially told us he's applying for rent subsidy for April, May and June. Then government gave rent subsidy for July and August as well," Yoges says.
"He refused to give that rent break for us for those months as business was only 20 per cent off our regular sales. Our rent is 26K plus hst. We are in our last year of lease ending July 2020," Yoges says.
"It's a shame that he wasn't willing to work with us. We are very disappointed with the way he let us down."
Although Yoges says he's unsure of what the plans are for the space, he actually says Carbone might move in with his restaurant Kit Kat. A new location for The Office Pub is currently being sought.
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