Hazeldene Hotel Gretna
Main Street, Springfield, Gretna Green, DG16 5EA
Hazeldene Hotel Gretna
The Hazeldene Hotel is a short walk from the historic wedding venue Famous Blacksmiths Shop in Gretna Green and also close to the A74 and Gretna outlet shopping village. Gretna Green is a small town on the Solway Coastal Route and along with The Famous Blacksmiths Shop attracts visitors from around the world to get married, visit the fascinating Blacksmiths Shop museum and enjoy everything the area has to offer. The local community is made up of mostly couples and families. The hotel is currently popular with visitors to the area, who go for meals, functions including weddings and accommodation and there is great potential for the right operator to grow this multiple income stream.
Hospitality Hero Wanted!
We are looking for an operator experienced in hospitatlity and motivated to develop the wedding package. The operator will need to demonstrate a proven track record within the hospitality industry and show they can work with us to allow the hotel to achieve it's full potential.
Available on our Business Start -Up Agreement, with the following support:
- Manage your risk: 3 year fixed term agreement that you can terminate at any time on 28 days' notice;
- Financial support: even higher discounts on beer and cider available if volume targets are met (90% of targeted sale)
Pub Features
Trading Area & Facilities
The ground floor includes a large open plan community bar area with pool table and a large separate dining area, which doubles as a function area. The dining area can seat approximately 60. Upstairs there are 11 letting rooms including a suite with a 4 poster bed and whirlpool tub. Any investment would be likely to include the letting rooms.
Externally the hotel is well-maintained and contemporary with definite kerb appeal. There is a good size car park and a very appealing decked outside trading area, which has pull-down covers making it suitable for use all year round.
Private Accommodation
Premises Licence Details
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
| 11:00 - 23:00 | 11:00 - 23:00 | 11:00 - 23:00 | 11:00 - 00:00 | 11:00 - 00:00 | 11:00 - 00:00 | 12:00 - 23:00 |
Financials
| Annual Rent | £ 28,000 |
| Estimated Annual FMOP (Licensee Profit) | £ 31,328 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 125 |
| Estimated Annual Turnover | £ 457,714 |
| Estimated Annual Barrelage | 187 |
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“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 |
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Investment
| Ingoing Costs | |
| Estimated Licensee Fixtures & Fittings Value | £ 15,530 |
| Estimated Fixtures & Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 4,500 |
| Deposit Amount | £ 3,000 |
| Rent In Advance | £ 538 |
| 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 | £ 25,868 |
| Estimated Minimum Ingoing Costs | £ 12,133 |
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In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds. |
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| Other SP&B Ongoing Charges | |
| Estimated Annual Buildings Insurance | £ 1,302 |
| Estimated Annual Maintenance Compliance Charge | £ 1,059 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) | £ 6,108 |
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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 |
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