A Bungalower reader who wished to remain nameless, wrote us two weeks ago asking about the relationship between Gargi’s Restaurant [Facebook | Website] and the City of Orlando. So we thought we’d look into it.
“Hey Bungalower. I’ve heard that Gargi’s Restaurant in Ivanhoe Village has a deal with City Hall where they only have to pay $1 rent a month. Is that true? If so, that’s crazy.”
Gargi’s Lakeside Italian Restaurant [Gmap] has been open since 1987, and is located on the shores of Lake Ivanhoe in Gaston Edward’s Park.
According to Heather Fagan, the Deputy Chief of Staff for the City of Orlando, Gargi‘s leases the land from the City and the owners pay rent to the City in the amount of $5,164 per month or four percent of gross sales (whichever is higher that month).
The owners were responsible for building out the entire restaurant, the City public bathrooms at the rear of the building (that service the park) at their own expense and pay all taxes, maintenance, insurance, etc.
So there you are nameless reader!
If you have a question you’d like us to look into, please feel free to reach out to us and we’ll see what we can turn up!