Characteristic chance in store for the theatre (8,4)

I believe the answer is:

property room

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'store for the theatre' is the definition.
I don't know anything about this answer so I can't judge whether it can be defined by this definition.

'characteristic chance' is the wordplay.
'characteristic' becomes 'property' (I've seen this before).
'chance' becomes 'room' (room is a kind of chance).
'property'+'room'='PROPERTY ROOM'

'in' acts as a link.

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I've seen this clue in The Globe and Mail.

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