The Inchcolm Inn South Queensferry
24 Hopetoun Road, South Queensferry, EH30 9REAgreement Type: Foundation Tenancy
View details for The Inchcolm Inn South Queensferry
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: £10,545
Annual Rent: £18,551
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?
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
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.
| Annual Rent | £ 18,551 |
| Estimated Annual Turnover | £ 309,189 |
| Deposit | £ 4,637 |
| Estimated Fixtures & Fittings Value | £ 3,970 |
| Estimated Stock Valuation | £ 5,500 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 17,010 |
| Estimated Minimum Ingoing Costs | £ 10,545 |
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:
20/22, High Street, Inverkeithing, KY11 1NN
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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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