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Afton Bar Paisley
70, Causeyside Street, Paisley, PA1 1YP
Pub Code: 2302722101
Key Features
- Good Location
- Community Bar
- Live Sports
Est Min Ingoing Costs: £9,002
Annual Rent: £10,743
More Information
Lively Local Pub Located on a main road in Paisley.
The Afton Bar is a community pub which sits beside local shops and amenities ensuring passing trade. With residential property surrounding the site presents an excellent opportunity to create a loyal customer base. Currently entertainment and drinks focused, there is an opportunity to introduce local, quality craft beers and cask ales which Star Pubs & Bars can assist with. The introduction of a tasty, yet simple back bar food menu would enhance revenue. A timetable of weekly events including supporting local charities, quiz nights, live music and televised sport should be maintained.
Innovative Operator Wanted. Do you have excellent vision and business management skills? If so, this could be the pub for you. You will also be able to immerse yourself in the local community and create a great environment for your customers to socialise in.
Trading Area & Facilities
Internally, the Afton Bar has a spacious open plan layout that can be divided into a space for live entertainment. There is a mixture of loose and booth seating. The focal point in the traditional and striking bar and there are feature cornices.
Outside, the pub has good kerb appeal thanks to attractive signage and its corner aspect.
Private Accommodation
There is no private accommodation.
Premises Licence Details
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
|---|---|---|---|---|---|---|
|
11:00 - 00:00 |
11:00 - 00:00 |
11:00 - 00:00 |
11:00 - 00:00 |
11:00 - 01:00 |
11:00 - 01:00 |
12:30 - 00:00 |
| Annual Rent | £ 10,743 |
| Estimated Tenants Annual Operating Profit | £ 17,291 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 250 |
| Estimated Annual Turnover | £ 176,912 |
| Estimated Annual Barrelage | 139 |
* 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
** All figures quoted are exclusive of VAT
| Ingoing Costs | |
|---|---|
| Estimated Licensee Fixtures and Fittings Value | £ 3,410 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 4,500 |
| Deposit Amount | £ 2,685 |
| Rent in Advance | £ 207 |
| Training Fee | £ 425 |
| Estimated Designated Premises Supervisor / Manager Fee | £ 50 |
| Premises Licence Fee | £ 180 |
| Rates Assessment Fee | £ 55 |
| Estimated Legal Fees | £ 650 |
| Estimated Total Ingoing Costs | £ 12,412 |
| Estimated Minimum Ingoing Costs | £ 9,002 |
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
| Other SP&B Ongoing Charges | |
|---|---|
| Estimated Annual Building Insurance | £ 1,775 |
| Estimated Annual Maintenance Compliance Charge | £ 1,862 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) |
£
6108
|
| Estimated Annual Repairs Fund | £ 1300 |
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
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
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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