J G Sharps Largs
34-36 Nelson Street, Largs, KA30 8LWAgreement Type:
Foundation Tenancy
3/5, The Cross, Prestwick, KA9 1AJ Pub Code: 0080098101
Pub Code: 0080098101
Investment TenancyEst Min Ingoing Costs: £42,768
Annual Rent: £37,870
We're investing £170,000 in a rebrand and a full upgrade to transform this pub into the top destination in Prestwick for a premium pub experience
What would you do with this pub to make it a success?
The area
Prestwick is a busy town on the Ayrshire coast, with an airport, train station, and easy links to Glasgow and nearby towns. It's a popular spot for people looking for a day or night out.
The pub benefits from being on the Prestwick drinking and dining circuit with many independent restaurants, pubs and cafes. It’s a five minute walk to the station and a ten minute walk to the beach.
The offer
The Tavern is available on our investment tenancy agreement. Click here for more information on this agreement.
The refurbishment will see this become a cosy, premium drinks led pub. With an 80 / 20 wet dry split, this will fill a much-needed gap in the local market.
We would expect to see the new operator introduce a premium draft range alongside lo and no alcohol options, premium spirits, cocktails and wine. A simple but premium food menu will broaden its appeal, rounding out the offer.
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 Tavern will have extensive experience in high street hospitality businesses. They will have a clear vision for their food & drinks menu, entertainment offer and marketing strategy 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 what you can bring to this pubs next chapter…
The 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 pub’s trading area and facilities post refurbishment will be:
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Estimated Total Ingoing Costs
£42,768
Estimated Minimum Ingoing Costs
£42,768
3/5, The Cross, Prestwick, KA9 1AJ
Selected pub
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
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