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Argyll Bar Helensburgh

Argyll Bar Helensburgh

67, East Clyde Street, Helensburgh, G84 7PF Pub Code: 2303031101

Pub Code: 2303031101

Foundation Tenancy

Est Min Ingoing Costs: £8,467

Annual Rent: £11,606

The Argyll pub is a cosy pub, full of character. Located on the main road through historic Helensburgh, the pub occupies a prime location by the seaside, in front of the recently refurbished Helensburgh & Lomond Civic Centre. This ensures passing trade and the ability to attract locals and office workers in the neighbouring government buildings. A warm and welcoming atmosphere is created through refreshed decor, low beamed ceilings and friendly staff. Currently drinks focused, there is an opportunity to create a simple back bar food offer for guests, increasing dwell time of your customers. Your drinks range could include premium, local spirits to entice the tourist trade. There also is an opportunity to introduce local, quality cask ales which Star Pubs & Bars can assist with.

Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.

  • Understanding of the local community
  • You know what it takes to build a successful business
  • You love hospitality and are great with customers

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…

  • Foundation Tenancy

  • Live Sports

Trading Area & Facilities

Inside, the pub is a single room, open plan layout. The bar is the main feature along with large screen TV and low beamed ceilings. The decor is simple and contemporary with some tartan features.  There is a mix of loose and fixed seating.

Externally, the pub is well maintained and stand on a corner so if highly visible to passing customers.

Private Accommodation

There is no private accommodation on site.

Pub Financials Icon

Estimated Total Ingoing Costs

£14,987


Estimated Minimum Ingoing Costs

£8,467

Annual Rent
£11,606
Estimated Annual Turnover
£218,231
Deposit
£2,902
Estimated Fixtures & Fittings Value
£4,585
Estimated Stock Valuation
£4,000
Estimated Working Capital
£3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Location:

67, East Clyde Street, Helensburgh, G84 7PF

Google map location image of Argyll Bar Helensburgh
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