Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs & Bars. It’s free and puts you under no obligation.
Register
Burgh Arms Inverkeithing
20/22, High Street, Inverkeithing, KY11 1NN
Pub Code: 0080072101
Key Features
- Community led publican required
- Well established wet led trade
- Free of tie for wines and spirits
- Town centre location
Est Min Ingoing Costs: £10,421
Annual Rent: £16,159
More Information
Great location!
The Burgh Arms is situated in a prominent central location in the heart of Inverkeithing. The pub is surrounded by shops and commercial premises so benefits from passing footfall from local residents and increased trade over the evenings and weekends. A community pub, bringing people together at the heart of the community is what the Burgh Arms is most known for.
Well established trade.
The pub is 90% wet led and has a well established trade. There is a pool table and gaming machines. The pub could host live music or other entertainment to boost trade. There are also televisions throughout that could provide live sport to bring in extra clientele. We are looking for a community led publican to become the heart of this historic pub. Could that be you?
Trading Area & Facilities
With the building dating back to the 1600s, the Burgh Arms has a traditional look. The pub has dark wood and exposed stone throughout giving a homely feel. The pub is a one bar operation with two seating areas and separate games area.
Private Accommodation
There is no private accommodation with this pub.
Premises Licence Details
Please see premises licence for full details.
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
|---|---|---|---|---|---|---|
|
10:00 - 00:00 |
10:00 - 00:00 |
10:00 - 00:00 |
10:00 - 00:00 |
10:00 - 01:00 |
10:00 - 01:00 |
10:00 - 00:00 |
| Annual Rent | £ 16,159 |
| Estimated Tenants Annual Operating Profit | £ 21,158 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 175 |
| Estimated Annual Turnover | £ 272,763 |
| Estimated Annual Barrelage | 193 |
* 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 | £ 3,970 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 5,500 |
| Deposit Amount | £ 4,040 |
| Rent in Advance | £ 311 |
| 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 | £ 15,431 |
| Estimated Minimum Ingoing Costs | £ 10,421 |
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 | £ 1,654 |
| Estimated Annual Maintenance Compliance Charge | £ 1,862 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) |
£
4908
|
| 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
Pub Vacancy Alerts
Want to know more?
To download our no nonsense guide to running your own pub click below.
Download