Pub Overview Modernised traditional community wet pub. What would you do with this pub to make it even more of a success? The Keystone offers a great opportunity for someone who wants to take on a fully refurbished pub in a central location with strong appeal for live sports and social occasions. The Area The Keystone is located in the town of Johnstone, close to Paisley and Glasgow. The pub is surrounded by shops, food and retail outlets and mixed housing, with 3,474 adults living within a 10-minute walk time and 10,562 within a 20-minute walk time There are a number of pubs in the immediate vicinity, and the Keystone will be one of the best post-refurbishment. The pub sits just off the main high street of Johnstone, giving it strong visibility and footfall potential The Offer The Keystone is available on our investment tenancy agreement. Click here to find out more about our agreements. A full internal and external upgrade will create an updated, welcoming environment suited to all groups and wet-led occasions. The refurbishment will modernise the traditional feel of the pub and position it as a go-to venue for watching live sport, playing darts, and socialising with friends throughout the week and at weekends 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 Keystone will ideally have previous hospitality experience and a knowledge of Johnstone. However, we would be open to the right candidate without direct pub experience. They will have a clear vision for their drinks menu, entertainment offer and strategy for engaging the local community, helping to create memorable experiences for 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 pub’s next chapter Features Pub Games Investment Tenancy Live Sports Refurbishment Planned Trading Area & Facilities Main trading area with bar Separate dining room 56 internal covers Function room Pool table and Dart Board Private Accommodation The pub has no private accommodation. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £36,733 Estimated Minimum Ingoing Costs £36,733 Annual Rent £19,235 Estimated Annual Turnover £271,057 Deposit £4,808 Estimated Fixtures & Fittings Value £36,733 Estimated Stock Valuation £7,000 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. 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. Downloads Demographics Report Download arrow Energy Performance Certificate Download arrow Refurbishment Details Download arrow