Bowhouse Hotel Grangemouth

Bowhouse Road, Grangemouth, Grangemouth FK3 0HD

  • Bowhouse Hotel Grangemouth
  • Bowhouse Hotel Grangemouth
  • Bowhouse Hotel Grangemouth
  • Bowhouse Hotel Grangemouth
  • Bowhouse Hotel Grangemouth
  • Bowhouse Hotel Grangemouth

Bowhouse Hotel Grangemouth

Multiple Income Stream Business.

With a large residential area on its doorstep, the Bowhouse is a lively, drinks-led pub with plenty of trade on tap. Grangemouth is an industrial powerhouse, known for its oil refinery and range of manufacturing and chemical plants. Already well-known for its sports and entertainment dimensions, improvements could be made to deliver a sustainable future to this community pub. Traditionally this is a 100% drinks led business. The pub has a public bar and a lounge along with a dedicated restaurant/function room that is not being used at present. There are 60 covers throughout the trading space, serviced by the on-site catering kitchen, which may be upgraded as part of a proposed investment. An additional income stream exists thanks to six letting rooms.

Experienced Community Operator Wanted.

Are you able to immerse yourself in the local community and deliver great service? We are looking for innovative individual with excellent business management skills & hospitality knowledge.

Pub Features

  • Rolling Tenancy
  • Letting Rooms
  • Function Room
  • Car Parking
  • Catering Kitchen
  • Private Accommodation
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally the Bowhouse is in good condition. Spaces are decorated with bright, fresh colours, with comfortable seating throughout. Flooring is a mixture of carpets, tiles and timber. Two pool tables are situated in a designated games area to keep budding sport enthusiast occupied and smiling whilst quenching their thirst. An additional income stream exists thanks to six letting rooms. 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

The private accommodation at the Bowhouse consists of one bedroom, kitchen, lounge, and bathroom. In line with our "Ready to Trade Promise", should any works be required, we will ensure your private accommodation is in good order so that you can focus your energy on getting business right.

Premises Licence Details

Please refer to the Premises Licence for further 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 11:00 - 00:00

Financials

Annual Rent £
TBC
Estimated Annual FMOP (Licensee Profit) £
TBC
Representative HEINEKEN UK Brand Discount Per Barrel £
TBC
Estimated Annual Turnover £
TBC
Estimated Annual Barrelage
TBC

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

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
TBC
Estimated Fixtures & Fittings Valuation Fee £
TBC
Estimated Stock Valuation £
TBC
Deposit Amount £
TBC
Rent In Advance £
TBC
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
TBC
Premises Licence Fee £
TBC
Rates Assessment Fee £
TBC
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
TBC
Estimated Minimum Ingoing Costs £
TBC

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

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

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