Stonehouse Bar Hamilton
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Argyll Bar Helensburgh
Argyll Bar Helensburgh
67, East Clyde Street, Helensburgh, G84 7PF Pub Code: 2303031101
Pub Code: 2303031101
Investment TenancyEst Min Ingoing Costs: £31,264
Annual Rent: £27,058
Refurbishment of a traditional community wet pub.
The Argyll Bar offers a great opportunity for someone looking to take on a modernised, well-backed pub in the heart of Helensburgh with plenty of potential to grow local trade.
The Area
Helensburgh is a lovely town on the west coast, around a 45-minute train ride from Glasgow. The pub benefits from being one of several pubs found in an area of around 2,601 adults within a ten-minute walk and 8,804 within twenty minutes. The customer base over-indexes towards young adults and mature adults. The Argyll Bar sits on the shore front opposite the Helensburgh Civic Centre and is within easy walking distance of the train station.
The Offer
The Argyll Bar is available on our Investment Tenancy Agreement. Click here for more information on this agreement.
We’re always open to new ideas – what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you:
- Understanding of the local community.
- You know what it takes to build a successful business.
- You love hospitality and are great with 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.
Trading Area & Facilities
The Argyll Bar will be undergoing a full internal and external refurbishment.
A full list of works and pub floor plan can be found in the ‘Refurbishment Details’ in the downloads.
The pub’s trading area and facilities post refurbishment will be:
- Main trading area with bar.
- 58 internal covers.
- HEINEKEN SmartDispense.
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Private Accommodation
There is no private accommodation on site.
Estimated Total Ingoing Costs
£31,264
Estimated Minimum Ingoing Costs
£31,264
Annual Rent
£27,058
Estimated Annual Turnover
£367,341
Deposit
£6,764
Estimated Fixtures & Fittings Value
£16,000
Estimated Stock Valuation
£5,000
Estimated Working Capital
£2,500
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.
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:
67, East Clyde Street, Helensburgh, G84 7PF
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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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