Tavern Prestwick
3/5 The Cross, Prestwick, KA9 1AJAgreement Type:
Foundation Tenancy
View details for Tavern Prestwick
Keystone Johnstone
Keystone Johnstone
1, Houstoun Square, Johnstone, PA5 8DT Pub Code: 2302915101
Pub Code: 2302915101
Foundation TenancyEst Min Ingoing Costs: £13,197
Annual Rent: £14,386
Trading Area & Facilities
Private Accommodation
Estimated Total Ingoing Costs
£13,197
Estimated Minimum Ingoing Costs
£13,197
Annual Rent
£14,386
Estimated Annual Turnover
£180,151
Deposit
£3,597
Estimated Fixtures & Fittings Value
£3,100
Estimated Stock Valuation
£3,000
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.
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:
1, Houstoun Square, Johnstone, PA5 8DT
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08085 94 95 96
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