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The arrival of Quebec-based fashion retailer Simons, to The Core shopping centre, will force the departure of several tenants in the downtown Lancaster Building including the iconic Unicorn Pub, the Herald has learned.

Bob Bradley, co-owner of the Unicorn which has been at its current location along Stephen Avenue Mall since 1979, said the popular establishment will be vacating the premises by June 2015.

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“Simons is coming and we’re going,” said Bradley, of the bar which was originally started by musical group The Irish Rovers.

“We’re looking in the market for a new Unicorn home. We’re hoping we find something that suits our needs.”

Bradley said staff will be offered positions at two other pubs along Stephen Avenue.

“(The Unicorn) is an institution. We’ve got a lot of loyal staff and customers. It will be quite an emotional experience I’m sure,” said Bradley of when the establishment will close its doors at its current location.