Dug 'n' Duck Glasgow
3-7 Avenue End Road, Glasgow, G33 6NDAgreement Type: Just Add Talent
View details for Dug 'n' Duck GlasgowRefurbishment Planned
Rhindsdale Ballieston
155-157, Main Street, Glasgow, G69 6AF
Pub Code: 2302868101
Key Features
- Exciting refurbishment planned
- Prominent position
- Family friendly
- Catering kitchen
- Live sports
- Private accommodation
Est Min Ingoing Costs: £55,992
Annual Rent: £32,826
More Information
Exciting Investment Opportunity: The Rhindsdale Tavern Pub Refurbishment!
Located in the Baillieston area of Glasgow's east end, this pub sits prominently on a main road, close to the bustling high street and surrounded by a mix of family homes and mature households. With over 5,000 residents within a 10-minute walk and over 13,000 within 20 minutes, it's at the heart of a vibrant community. Baillieston train station is just 20 minutes away from Glasgow City Centre, making it easily accessible for locals and visitors alike.
With a full renovation planned for the lounge area to support a new food offer and the public bar set to become the go-to spot for live sports, there's ample opportunity to cater to various tastes. Plus, with a large beer garden, cosy modern interiors, and a comprehensive drinks range including premium lagers, craft beers, and ales, this pub promises to be a welcoming hub for the community. Whether it's enjoying a meal, catching the game, or simply unwinding with friends, this pub offers a prime opportunity for an experienced operator to thrive.
The Rhindsdale Tavern is available on our foundation tenancy agreement. Click here for more information on this agreement
The offer
When refurbished, The Rhindsdale Tavern will offer:
Drinks: An extensive range of beverages, from premium lagers and craft beers to traditional cask ales, all accompanied by a quality selection of spirits and wines to complement the offer.
Food: The pub will offer a menu of crowd pleasers, ensuring a satisfying dining experience for every palate.
Coffee: Start the day right with a bean-to-cup coffee offering, ensuring a fresh and satisfying brew every time.
Events: The pub will offer a strong rhythm of the week with full sports package and live entertainment.
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 Rhindsdale Tavern will have experience in running a similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and sports offer 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.
Trading Area & Facilities
The Rhindsdale Tavern will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
- Main trading area with central bar
- Lounge area
- 84 internal covers
- 50 external covers
- Catering kitchen
- SmartDispense
- Outside trading area
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
Private accommodation consists of 2 bedrooms flat above the pub with a living room, kitchen, and bathroom
| Annual Rent | £ 32,826 |
| Estimated Annual Turnover | £ 518,049 |
| Deposit | £ 8,207 |
| Estimated Fixtures & Fittings Value | £ 32,785 |
| Estimated Stock Valuation | £ 7,500 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 55,992 |
| Estimated Minimum Ingoing Costs | £ 55,992 |
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:
155-157, Main Street, Glasgow, G69 6AF
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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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