Afton Bar Paisley
70 Causeyside Street, Paisley, Paisley PA1 1YP
Afton Bar Paisley
The Afton Bar is a friendly pub which sits beside local shops and amenities, ensuring passing trade, while residents surrounding the site present 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.
Available on our Business Start-Up Agreement with a Support Package:
- Manage your risk; 3 year fixed term agreement that you can terminate at any time on three months' notice;
- Reward for high standards: financial incentives for achieving high retail standards up to £3,000
- Financial support: Even higher discounts on beer and cider available if volume targets are met [90% of targeted sale]
- Increased Machine income share to 75% share
- £1900 contribution towards Innside Track Stocktaking and Accountancy service
Pub Features
Trading Area & Facilities
Outside, the pub has good kerb appeal thanks to attractive signage and it's corner aspect.
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 |
Financials
| Annual Rent | £ 10,750 |
| Estimated Annual FMOP (Licensee Profit) | £ 21,033 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 165 |
| Estimated Annual Turnover | £ 169,872 |
| Estimated Annual Barrelage | 119 |
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The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details). Historical volume figures may not include purchases made through 3rd Parties. ** All figures quoted are exclusive of VAT *** FMOP = Fair Maintainable Operating Profit |
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Investment
| Ingoing Costs | |
| Estimated Licensee Fixtures & Fittings Value | £ 750 |
| Estimated Fixtures & Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 4,500 |
| Deposit Amount | £ 3,000 |
| Rent In Advance | £ 207 |
| Training Fee | £ 1,000 |
| Estimated Designated Premises Supervisor / Manager Fee | £ 50 |
| Premises Licence Fee | £ 180 |
| Rates Assessment Fee | £ 55 |
| Estimated Legal Fees | £ 650 |
| Estimated Total Ingoing Costs | £ 10,642 |
| Estimated Minimum Ingoing Costs | £ 10,581 |
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In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds. |
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| Other SP&B Ongoing Charges | |
| Estimated Annual Buildings Insurance | £ TBC |
| Estimated Annual Maintenance Compliance Charge | £ 1,463 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) | £ 5,950 |
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The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details) * 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 ****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased |
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