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Back Road Stonehouse
Queen Street, Larkhall, ML9 3EE
Pub Code: 2303134101
Key Features
- Community Hub
- Beer Garden
- Kitchen
- Private Accomodation
Est Min Ingoing Costs: £8,977
Annual Rent: £19,062
More Information
Embrace village life!
The Back Road pub is on the back road through the South Lanarkshire village, Stonehouse, near Larkhall. It is a traditional community local and well supported. There is a kitchen that can cater for circa 40 covers and the wood burner created a warm and friendly atmosphere.
Have you always wanted to run your own village pub!
The ideal person for this site will view running a pub as more of a lifestyle choice and be committed to delivering great service and friendly banter to the surrounding community.
The Back Road pub is on the back road through the South Lanarkshire village, Stonehouse, near Larkhall. It is a traditional community local and well supported. There is a kitchen that can cater for circa 40 covers and the wood burner created a warm and friendly atmosphere.
Have you always wanted to run your own village pub!
The ideal person for this site will view running a pub as more of a lifestyle choice and be committed to delivering great service and friendly banter to the surrounding community.
Trading Area & Facilities
The Back Road is a reasonably large village pub with spaces for socialising over a drink, having some food or playing pool. The pub was invested in within the last 5-6 years and has been well maintained since. There is a small kitchen and the pub can provide circa 40 covers with good wholesome pub classics.
Externally the pub is painted and stand out from the street. There is a small outside trading area.
Externally the pub is painted and stand out from the street. There is a small outside trading area.
Private Accommodation
The Private Accommodation consists of three bedrooms, living room, kitchen and bathroom.
Premises Licence Details
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
|---|---|---|---|---|---|---|
|
11:00 - 23:30 |
11:00 - 23:30 |
11:00 - 23:30 |
11:00 - 23:30 |
11:00 - 23:30 |
11:00 - 01:00 |
12:30 - 23:30 |
| Annual Rent | £ 19,062 |
| Estimated Tenants Annual Operating Profit | £ 26,561 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 175 |
| Estimated Annual Turnover | £ 275,088 |
| 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 | £ 12,000 |
| Estimated Fixtures and Fittings Valuation Fee | £ 4,000 |
| Estimated Stock Valuation | £ 250 |
| Deposit Amount | £ 4,766 |
| Rent in Advance | £ 367 |
| 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 | £ 22,743 |
| Estimated Minimum Ingoing Costs | £ 8,977 |
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 | £ 2,646 |
| 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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