Park Bar Glasgow
442 Paisley Road West, Glasgow, G51 1BEAgreement Type:
Foundation Tenancy
View details for Park Bar Glasgow
Lion & Star Kirkintilloch
Lion & Star Kirkintilloch
32, Townhead, Kirkintilloch, Glasgow, G66 1NL Pub Code: 0080002101
Pub Code: 0080002101
Investment TenancyEst Min Ingoing Costs: £39,672
Annual Rent: £32,868
Exciting refurbishment of a spacious community pub with live sport, great drinks and food.
The Area:
The Lion & Star is located in the town of Kirkintilloch on the main street, just a short walk from the town centre and many local amenities. It’s a 10-minute train ride into Glasgow city centre. The surrounding area includes a mix of mature households and younger residents, with over 3,400 adults within a 10-minute walk and more than 10,600 within 20 minutes.
The Offer:
The Lion & Star is available on our investment tenancy agreement. Click here for more information on this agreement.
Following a full internal and external refurbishment, this large, modern space will become a welcoming community pub offering a refreshed layout including a new sports zone, fully redecorated interior, and updated toilets. The pub will cater to a broad local audience with a strong wet-led offer and a casual menu of crowd-pleasing dishes.
We’re always open to new ideas - what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right licensee for The Lion & Star will have extensive experience in hospitality businesses. They will have a clear vision for their drinks offer, entertainment schedule and community engagement, and can create a memorable experience for their 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…
Trading Area & Facilities
The Lion & Star will be undergoing a refurbishment which will cover the trading areas of the pub.
A full list of works and pub floor plan can be found in the ‘Refurbishment Details’ in the downloads section.
The pub’s trading area and facilities post-refurbishment will include:
- Main trading area with bar
- 79 internal covers
- 24 external covers
- HEINEKEN SmartDispense system
- Beer garden
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Private Accommodation
There is no private accommodation.
Estimated Total Ingoing Costs
£39,672
Estimated Minimum Ingoing Costs
£39,672
Annual Rent
£32,868
Estimated Annual Turnover
£490,342
Deposit
£8,172
Estimated Fixtures & Fittings Value
£21,000
Estimated Stock Valuation
£7,000
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:
32, Townhead, Kirkintilloch, Glasgow, G66 1NL
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To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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