Rumblingwell Dunfermline
191-193 Baldridgeburn, Dunfermline, KY12 9EGAgreement Type:
Just Add Talent
View details for Rumblingwell Dunfermline
Yeoman Dunfermline
Yeoman Dunfermline
145, Townhill Road, Dunfermline, KY12 0DS Pub Code: 2302136101
Pub Code: 2302136101
Foundation TenancyEst Min Ingoing Costs: £19,681
Annual Rent: £32,173
Major refurbishment planned!
What would you do with this pub to make it even more of a success?
The area
Fantastic location The Lauders is located in a densely populated neighbourhood north of Dunfermline city centre. The surrounding area is densely populated. There are just over 9,000 people adults that live within a 20 min walking distance of the pub giving it a great catchment. There are no other pubs within a 20 min walking distance of the pub however there are range of independent bars, cafes and chains in town centre.
We will be redecorating the entire interior of the pub. The trading areas will be refurbished and redecorated to create a modern pub with a variety of spaces for drinking and eating. A full external redecoration of the signage will rename the pub and drive great kerb appeal
The offer
When refurbished, The Lauders will offer:
• An extensive range of classic and premium lagers, spirits, wines, and cocktails and low and no alcohol options.
• A crowd pleasing menu full of pub classics to complement the drinks offer.
• The entertainment offer should complement the pub with regular events such as weekend music, DJ’s and pub quizzes
The Lauders is available on our investment tenancy agreement. Click here for more information on this agreement.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with 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…
Trading Area & Facilities
The Lauders 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 bar
- Separate dining room
- 84 internal covers
- 34 external covers
- Catering kitchen
- Smart Dispense
- Beer garden
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).
Private Accommodation
There is no private accommodation at this site.
Estimated Total Ingoing Costs
£50,318
Estimated Minimum Ingoing Costs
£19,681
Annual Rent
£32,173
Estimated Annual Turnover
£444,596
Deposit
£8,043
Estimated Fixtures & Fittings Value
£25,275
Estimated Stock Valuation
£7,000
Estimated Working Capital
£10,000
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:
145, Townhill Road, Dunfermline, KY12 0DS
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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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