Wig Aberdeen
55-56 Castle Street, Aberdeen, AB11 5BAAgreement Type: Foundation Tenancy
View details for Wig Aberdeen
Brig Inn Bridge Of Don
9, Ellon Road, Aberdeen, AB23 8EB
Pub Code: 2302379101
Key Features
- Three Year Business Start Up Agreement
- Heavy focus on pub games
- Eight letting rooms
- Large restaurant and two trading areas
- Parking and outdoor trade
Est Min Ingoing Costs: £15,833
Annual Rent: £40,000
More Information
The Brig Inn is located in the quaint residential suburb of Bridge of Don. The pub is a five minute walk from the Royal Aberdeen Golf Club and is popular with local residents and visitors to the area. The pub is available on our three year business start up agreement.
The pub currently trades on a 50/50 wet dry split, so getting the food offer right is important. Pub games are also a key focus with multiple darts and pool teams playing out of the pub. The local community drives the wet trade and the TV sports offer brings in extra custom.
We’re always open to new ideas, what offer would you like to implement in the pub?
Attitude is more valuable than pub experience! If you’ve got the following skills, we’d love to hear from you:
- Knowledge of the local community
- Understanding how to build a successful business
- Ability to engage with customers from behind the bar
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
- Two trading areas
- Large restaurant with 80 covers
- Fully equipped catering kitchen
- Eight letting rooms
- Small outdoor drinking area
- Large car park
Private Accommodation
There is a two bedroom flat above the pub which could be used for owner's accommodation.
| Annual Rent | £ 40,000 |
| Estimated Annual Turnover | £ 515,026 |
| Deposit | £ 10,000 |
| Estimated Fixtures & Fittings Value | £ 24,000 |
| Estimated Stock Valuation | £ 9,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 46,500 |
| Estimated Minimum Ingoing Costs | £ 15,833 |
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:
9, Ellon Road, Aberdeen, AB23 8EB
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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