Horse & Barge Clydebank
688 Dumbarton Road, Clydebank, G81 4BBAgreement Type: Foundation Tenancy
View details for Horse & Barge ClydebankRefurbishment Planned
Glenhead Tavern Duntocher
Dumbarton Road, Clydebank, G81 6HD
Pub Code: 2302954101
Key Features
- Refurbishment Planned
- Full external redecoration
- Live Sports
- Live Music
- Live Entertainment
- Catering Kitchen
Est Min Ingoing Costs: £56,719
Annual Rent: £46,878
More Information
Exciting Investment Opportunity: The Duntocher Refurbishment planned.
What would you do with this pub to make it even more of a success?
The area
Positioned strategically along the bustling main road amidst vibrant residential neighbourhoods, this pub stands as a beacon of community spirit and potential profit. With over 3,500 residents within a mere 10-minute stroll and a staggering 10,500 within a leisurely 20-minute walk, the demographic mix of families and mature households ensures a steady flow of patrons.
The offer
The Duntocher is available on our foundation tenancy agreement. Click here for more information on this agreement.
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 Duntocher will have extensive experience in community led hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer 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…
Trading Area & Facilities
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
- 109 Internal covers
- Catering kitchen
- Smart Dispense
- Car park with 8 spaces
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 on site.
| Annual Rent | £ 46,878 |
| Estimated Annual Turnover | £ 621,334 |
| Deposit | £ 11,719 |
| Estimated Fixtures & Fittings Value | £ 34,000 |
| Estimated Stock Valuation | £ 7,500 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 56,719 |
| Estimated Minimum Ingoing Costs | £ 56,719 |
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:
Dumbarton Road, Clydebank, G81 6HD
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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