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The future of the Skol Pub S3E90

The future of the Skol Pub

A Gabriola Pub is facing a court ordered sale, in the midst of foreclosure proceedings. The Skol Pub near the Gabriola Island Ferry Terminal is listed for sale at $319, 000. According to a Notice of Application filed with the BC Supreme Court Monday, and obtained by CHLY, the mortgage holder, Accountable Mortgage Investment Corp, will seek an order approving the sale on Monday September 23rd. The notice of application states that a prospective buyer has come forward, and that the realtor for the property has stated that at least 4 realtors have indicated they believe their clients will be submitting competitive offers to court. Under BCs sealed bid process for foreclosures, the deadline for bids is 4 PM, 2 business days before the hearing for sale approval. That means anyone interested in submitting a bid for the Skol has until Thursday September 19th. The Skol was last sold in 2014, details related to that transaction emerged in a BC Supreme Court decision earlier this year. Midcoast Morning explores memories of the Skol.

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A Gabriola Pub is facing a court ordered sale, in the midst of foreclosure proceedings.

The Skol Pub near the Gabriola Island Ferry Terminal is listed for sale at $319, 000.

According to a Notice of Application filed with the BC Supreme Court Monday, and obtained by CHLY, the mortgage holder, Accountable Mortgage Investment Corp, will seek an order approving the sale on Monday September 23rd.

The notice of application states that a prospective buyer has come forward, and that the realtor for the property has stated that at least 4 realtors have indicated they believe their clients will be submitting competitive offers to court.

Under BCs sealed bid process for foreclosures, the deadline for bids is 4 PM, 2 business days before the hearing for sale approval.

That means anyone interested in submitting a bid for the Skol has until Thursday September 19th.

The Skol was last sold in 2014, details related to that transaction emerged in a BC Supreme Court decision earlier this year.

Midcoast Morning explores memories of the Skol.


Creators and Guests

Joe Pugh
Host
Joe Pugh
Joe Pugh is host and producer for Midcoast Morning, and is a journalist with CHLY 101.7FM's Nonprofit Newsroom Project.
Jesse Woodward
Editor
Jesse Woodward
Executive Director/Host/Producer at @chly1017fm in Nanaimo. Audio Editor at Politicoast. He/him/they/them. Millennial and anti-dystopian. Posting on the Salish Sea from the traditional territory of the Snuneymuxw. šŸš²šŸ“»šŸŽ§šŸ“·www.chly.ca

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