Pub Overview
We are currently working on the financials for this site, so all quoted figures are indicative only. We are accepting applications in the meantime, so apply today! Recently benefited from a large investment from Heineken.
What would you do with this pub to make it a success?
The Area
The Scoonie Tavern is located in the town of Leven, close to the town centre and a new railway station. The pub is surrounded by mixed housing.
Demographics
The pub benefits from being one of 4 pubs found in an area of around 4,000. The majority of the customer base is made up of adults.
The Offer
Available on our foundation tenancy agreement. The potential of this pub lies in introducing a 70/30 food & drink offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live sports and live entertainment. It offers a selection of popular beers, ciders, wines and spirits, coffees, and a pub classic menu.
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 pub will have extensive experience in a community-led hospitality business. They will have a clear vision for their food & drinks menu, sports offer and entertainment offer and can create a memorable experience for their customers.
Special Offer
Unlike standard terms for Foundation Tenancies, we are offering the option to rent the Fixtures & Fittings with three months’ deposit.
Features
* Foundation Tenancy
* Outdoor Trade
* Catering Kitchen
Trading Area & Facilities
* Flexible layout
* 40 internal covers
* 30 external covers
* Catering kitchen
* SmartDispense
* Patioed beer garden
Private Accommodation
The pub has no private accommodation.
Pub Financials
Estimated Total Ingoing Costs: £22,012
Estimated Minimum Ingoing Costs: £16,337
Annual Rent: £34,046
Estimated Annual Turnover: £541,332
Deposit: £8,512
Estimated Fixtures & Fittings Value: £26,000
Estimated Stock Valuation: £10,000
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. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
Downloads
* Demographics Report
* Energy Performance Certificate
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