Pub in Pimlico — calm (5)

I believe the answer is:

local

'pub' is the definition.
(I've seen this before)

I can't explain the rest of the clue.

(Other definitions for local that I've seen before include "bar" , "Anaesthetic that numbs one area of the body" , "Pub - of a particular area" , "Of the particular neighbourhood" , "Stopping regularly" .)

I've seen this clue in The Times.

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