Glenhead Tavern Duntocher

Dumbarton Road, Clydebank, G81 6HD

  • Glenhead Tavern Duntocher
  • Glenhead Tavern Duntocher
  • Glenhead Tavern Duntocher
  • Glenhead Tavern Duntocher
  • Glenhead Tavern Duntocher

Glenhead Tavern Duntocher

Great Location!

The Glenhead Tavern occupies a prominent location on a busy road in the heart of the Duntocher community. It benefits from high passing footfall, with large areas of residential housing, a sports centre, a local park and various businesses nearby. Given its easy accessibility by car, The Glenhead Tavern is also well positioned to attract customers from nearby towns.

The complete renovation of the pub presents a fantastic opportunity for the incoming lessee. Currently trading as a wet-led sports bar, the refurbishment and new, larger kitchen will allow for a dramatic increase in food trade. Post-refurbishment, The Glenhead Tavern will offer an attractive location for socialising as well as premium pub food. This is a pub with incredible potential, all we're missing is the right person to take it forward. So, could that be you?

Pub Features

  • Rolling Tenancy
  • Refurbishment Planned
  • Catering Kitchen
  • Outdoor Trade

Trading Area & Facilities

An extensive refurbishment will transform The Glenhead Tavern into a fantastic pub offering great food and quality drinks. Works to the layout and interior will create a warm, modern pub with a rustic and cosy feel. This, combined with the renovation of the bar and a brand-new kitchen, will transform The Glenhead Tavern into a desirable destination at the heart of the community.

Once refurbished, the pub will appeal to a wide range of customers from the surrounding area as well as attracting those from nearby towns. The Glenhead Tavern will be an exceptional drinking and dining venue with a rustic charm and modern, premium feel.

Externally, there are Two beer gardens, perfect for customers to enjoy al fresco dining and drinking during the warmer months.

Private Accommodation

There is no Private Accommodation on site.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 01:00 11:00 - 01:00 12:30 - 00:00

Financials

Annual Rent £
64,500
Estimated Annual FMOP (Licensee Profit) £
67,502
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
790,064
Estimated Annual Barrelage
348

“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 £
50,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
8,500
Deposit Amount £
16,125
Rent In Advance £
1,240
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 £
78,060
Estimated Minimum Ingoing Costs £
21,445

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 £
1,084
Estimated Annual Maintenance Compliance Charge £
1,463
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