Fork & Field Mid Calder

36 Bank Street, Mid Calder, Livingston, EH53 0AR

  • Fork & Field Livingston
  • Fork & Field Livingston
  • Fork & Field Livingston
  • Fork & Field Livingston
  • Fork & Field Livingston
  • Fork & Field Livingston
  • Fork & Field Livingston
  • Fork & Field Livingston
  • Fork & Field Livingston
  • Fork & Field Livingston
  • Fork & Field Livingston
  • Fork & Field Livingston
  • Fork & Field Livingston
  • Fork & Field Livingston
  • Fork & Field Livingston
  • Fork & Field Livingston

Fork & Field Mid Calder

Fantastic Opportunity!

Located in a prominent part of Mid Calder and close to Livingston, The Fork and Field is a recently refurbished site that already does great business.

The Fork and Field is a landmark site in the village and has a good reputation for great food and drinks. The site was refurbished to a high standard and has been well maintained and is now a much loved destination venue in the area.

Great for cocktails before a night out, food with the family and a meeting place for all occasions, the Fork & Field is an exceptional pub.

Pub Features

  • Rolling Tenancy
  • Car Parking
  • Catering Kitchen
  • Outdoor Trade

Trading Area & Facilities

The Fork and Field has a large footprint that is well utilised. The inside space is open plan but can be zoned for eating, drinking and meeting. There is a light and comfortable conservatory area that leads in to the well kept outside space.

When you enter the pub you are greeted by the quirky bar, and the decoration throughout is equally eccentric to add interest, whilst still being in keeping with the building.

Externally the Fork and Field is impressive and again, well maintained, with on site parking and a great beer garden.

Private Accommodation

No Private Accommodation

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
- - - - - - -

Financials

Annual Rent £
38,500
Estimated Annual FMOP (Licensee Profit) £
38,460
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
529,002
Estimated Annual Barrelage
71

“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
9,485
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
11,000
Deposit Amount £
9,625
Rent In Advance £
740
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
33,035
Estimated Minimum Ingoing Costs £
17,133

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
1,513
Estimated Annual Maintenance Compliance Charge £
1,565
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased