Kilderkin Edinburgh
67 Canongate, Edinburgh, EH8 8BSAgreement Type: Just Add Talent
View details for Kilderkin Edinburgh
Mash Tun Edinburgh
154-58, Easter Road, Edinburgh, EH7 5RL
Pub Code: 2302889101
Key Features
- Catering Kitchen
- Central Bar Servery
- Vibrant Neighbourhood
- Close to Easter Road Stadium
- Live Sports
- Live Entertainment
Est Min Ingoing Costs: £11,199
Annual Rent: £32,399
More Information
Exciting high street pub opportunity in Edinburgh
What would you do with this pub to make it even more of a success?
The area
The Mash Tun is located on Easter Road in the city of Edinburgh, close to the Hibernian FC Football Stadium & only half a mile from Holyrood Palace . The pub is surrounded by shops, food and retail outlets and mixed housing.
The Mash Tun benefits from being situated between the popular ward of Leith & Edinburgh City Centre, just a 10-minute walk from the McDonald Road Tram Stop on Leith Walk.
Demographics
The pub benefits from being one of 17 pubs found in an area of around 16,500 adults. The varied customer base is made up of a variety of young professionals, families, football fans & retired people.
The offer
Available on our 3-year foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through brand, with a mixed 85/15 food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via excellent customer service, live sports and live entertainment. It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu.
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 operator for the pub will have extensive experience in a high street hospitality business. They will have a clear vision for their marketing strategy, entertainment offer and food & drinks menu, and will pride themselves on creating a memorable & distinct 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
Trading areas and facilities:
- 2 main trading areas with a central bar
- 36 internal covers
- Catering kitchen
- Smart Dispense
- Interactive Darts
Private Accommodation
The pub has no private accommodation.
| Annual Rent | £ 32,399 |
| Estimated Annual Turnover | £ 506,747 |
| Deposit | £ 8,099 |
| Estimated Fixtures & Fittings Value | £ 12,000 |
| Estimated Stock Valuation | £ 5,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 28,599 |
| Estimated Minimum Ingoing Costs | £ 11,199 |
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:
154-58, Easter Road, Edinburgh, EH7 5RL
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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