Horse & Barge Clydebank
688 Dumbarton Road, Clydebank, G81 4BBAgreement Type: Foundation Tenancy
View details for Horse & Barge Clydebank
Lovat Arms Yoker
2560-2562, Dumbarton Road, Glasgow, G14 0PT
Pub Code: 2302855101
Key Features
- Located in the bustling area of Clydebank
- Function room
- Beer Garden
- Live Sports
- Live Entertainment
- Traditional pub games
Est Min Ingoing Costs: £16,030
Annual Rent: £30,369
More Information
Clydebank’s The Lovat, Your next success story.
What would you do with this pub to make it even more of a success?
The Lovat is located in the town of Clydebank, close to Jubilee Hospital. The pub is surrounded by mixed housing.
Nestled in the vibrant heart of Clydebank, the Lovat is a pub that has a unique blend of traditional charm and contemporary comfort. This well-established pub is a local favourite, known for its wide selection of drinks and delicious food that caters to all tastes. The area surrounding the Lovat is a bustling hub of activity.
The pub benefits from being one of seven pubs found in an area of around 3,286 adults. The customer base is made up of low affluence, full time employed with a higher percentage of females .
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through Click or tap here to enter text. food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via great food and drinks, live entertainment, live sports and selection of pubs games, such as pool. It offers a selection of a pub classic menu, coffees, and popular beers, ciders, wines and spirits.
We are always open to new ideas, what would you do to drive trade?
If you have benefited from running or owning a pub business, we would love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a community led hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you have been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Trading Area & Facilities
- Main trading area with bar
- 100 Internal covers
- 50 External covers
- Small kitchen
- Function room
- Smart Dispense
- Beer garden
- Pool Table
Private Accommodation
The pub has no private accommodation.
| Annual Rent | £ 30,369 |
| Estimated Annual Turnover | £ 506,076 |
| Deposit | £ 7,592 |
| Estimated Fixtures & Fittings Value | £ 12,000 |
| Estimated Stock Valuation | £ 10,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 33,092 |
| Estimated Minimum Ingoing Costs | £ 16,030 |
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:
2560-2562, Dumbarton Road, Glasgow, G14 0PT
More properties in this region
Glenhead Tavern Duntocher
Dumbarton Road, Clydebank, G81 6HDAgreement Type: Foundation Tenancy
View details for Glenhead Tavern Duntocher
Harvies Paisley
86 Glasgow Rd, Paisley, PA1 3LYAgreement Type: Just Add Talent
View details for Harvies PaisleyTo 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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