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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

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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?

  • Business Start Up Agreement

  • Live Sports

  • Pub Games

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

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.
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

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