Green Mantle Edinburgh
44 West Crosscauseway, Edinburgh, EH8 9JPAgreement Type:
Foundation Tenancy
View details for Green Mantle Edinburgh
Murrayfield Edinburgh
Murrayfield Edinburgh
57-59, Roseburn Terrace, Edinburgh, EH12 5NQ Pub Code: 2302783101
Pub Code: 2302783101
Foundation TenancyEst Min Ingoing Costs: £10,626
Annual Rent: £25,507
The area
The Murrayfield is located just outside of the home of Scottish Rugby, Murrayfield Stadium in Edinburgh.
The pub is great for generating revenue through matchdays and concerts held in the Stadium, as well as local commuters.
Demographics
The pub benefits from being one of 7 pubs found in an area of around 3,000 adults. The mixed customer base is made up of mostly full-time employees.
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 strong wet and dry food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via themed nights, live entertainment, live sports and pub games machines. It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu, and coffees.
We’re always open to new ideas, what would you do to drive trade?
Trading Area & Facilities
- Main trading area with bar
- Separate dining room
- Medium kitchen
Private Accommodation
There is no private accommodation on site.
Estimated Total Ingoing Costs
£23,847
Estimated Minimum Ingoing Costs
£10,626
Annual Rent
£25,507
Estimated Annual Turnover
£414,848
Deposit
£6,377
Estimated Fixtures & Fittings Value
£8,970
Estimated Stock Valuation
£5,000
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:
57-59, Roseburn Terrace, Edinburgh, EH12 5NQ
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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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