Royal Bar Helensburgh
8 West Clyde Street, Helensburgh, G84 8SQ
Royal Bar Helensburgh
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
Trading Area & Facilities
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
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 |
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“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 |
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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 |
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In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds. |
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| 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 |
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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 |
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