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Run a star pub - empire bar burnbank - hamilton

Hamilton
Star Pubs Leased & Tenancy
Posted: 5 October
Offer description

Pub Overview

The Empire Bar is located in the town of Burnbank, Hamilton. The pub benefits from being one of 2 pubs found in an area of around 3,229 adults. The Empire customer base is made up of local residents, made up of working families, mature couples and retirees.

The offer

Available on our Foundation Tenancy - Three Year fixed term. The potential of this pub lies in maintaining a well thought through wet-led offer.

What drinks would you look to implement in the pub? The site currently has the ability to drive trade via live entertainment, Live music and pub games machines. It offers a selection of popular beers, ciders, wines and spirits.

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

Features

* Foundation Tenancy
* Music Venue
* Pub Games

Trading Area & Facilities

1 main bar operation, Horseshoe style bar, Approximately 30+ covers

Private Accommodation

The pub has no private accommodation.

Pub Financials

Estimated Total Ingoing Costs: £15,369, Estimated Minimum Ingoing Costs: £8,790, Annual Rent: £15,477, Estimated Annual Turnover: £231,816, Deposit: £3,869, Estimated Fixtures & Fittings Value: £4,000, Estimated Stock Valuation: £4,000, Estimated Working Capital: £3,500

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.

Downloads

* Demographics Report
* Energy Performance Certificate
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