Royal Bar Helensburgh

8 West Clyde Street, Helensburgh, G84 8SQ

  • Royal Bar Helensburgh
  • Royal Bar Helensburgh
  • Royal Bar Helensburgh
  • Royal Bar Helensburgh
  • Royal Bar Helensburgh
  • Royal Bar Helensburgh

Royal Bar Helensburgh

Great Pub! Great Locations!

The Royal Bar sits proudly on the Promenade at Helensburgh and enjoys a sea view. The pub is well located in the town and is close to local amenities and the train station. The Royal Bar is long established and much frequented and has been a permanent fixture on the local circuit for many years.

The pub is a one room operation decorated in a contemporary style and is currently in good condition. Sports are big in the Royal and really help to drive trade so the pub is suited to a sports minded operator. While there is no kitchen on site, there is a good opportunity to introduce a simple 'back bar' snacks offer. The pub has a great spirits range and mix.

BDM Vision
'The Royal is well established and well positioned to in the area. This is a great opportunity for someone to immerse themselves in the local area and be right at the heart of the community, being a sports fan with some trade experience would be an advantage'

Pub Features

  • Rolling Tenancy
  • Live Sports

Trading Area & Facilities

The Royal Bar is a one room operation currently in good order. Fronted by two large window with a main entrance that opens right in to the trading area, the pubs has a long feature bar to the right and has a mix of fixed and loose seating.

SmartDispense is already in situ and will save on costs and water while delivering the perfect pour.

https://starpubssupport.co.uk/equipment/smartdispense/

Externally, The Royal Bar is decorated in an eye catching red and stands out to passing customers.

Private Accommodation

There is no private accommodation

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 23:00 11:00 - 23:00 11:00 - 23:00 11:00 - 23:00 11:00 - 23:00 11:00 - 23:00 12:30 - 23:00

Financials

Annual Rent £
21,500
Estimated Tenants Annual Operating Profit £
23,039
Representative HEINEKEN UK Brand Discount Per Barrel £
160
Estimated Annual Turnover £
293,362
Estimated Annual Barrelage
200

“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
6,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
5,375
Rent In Advance £
413
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
17,973
Estimated Minimum Ingoing Costs £
9,598

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
418
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,908

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased