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Callendar Arms Falkirk
Callendar Arms Falkirk
1, Callendar Road, Falkirk, FK1 1XS Pub Code: 2302803101
Pub Code: 2302803101
Foundation TenancyEst Min Ingoing Costs: £11,034
Annual Rent: £30,411
Exceptional opportunity to run this town centre pub completely free-of-tie. What would you do with this pub to make it even more of a success?
The area:
Based in the heart of Falkirk town centre, close to the bus station and shops, the Callendar Arms is a local institution that is in a solid trading condition.
With a large open plan trading area, the pub is inviting for those who want to eat or just have a casual drink. The space is flexible and can cater for larger groups, while retaining more intimate spaces in its booth seating.
A full catering kitchen support the hearty menu on offer.
The offer:
The Callendar is available on our foundation tenancy agreement. Click here for more information on this agreement.
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the Callendar will have extensive experience in hospitality businesses. They will have a clear vision for their drinks range, food offer and community events and can create a memorable experience for their 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
The Callendar Arms is a large attractive building in an Art Deco style. Inside the entrance leads in to a large inviting open plan space, all newly refurbished in a contemporary style. The bar is large and impressive but there is still plenty of space for dining and socialising.
The space can be easily zoned to create separate dining areas and there is a mixture of loose and fixed seating.
The pub is licenced from 10am most days, making it ideal for brunches or for local groups to meet in the morning while you can still transform the pub at night and show live sports and events.
The pub’s trading area and facilities are:
- Main trading area with bar
- Rear sports zone
- 74 internal covers
- Catering kitchen
- HEINEKEN SmartDispense
- Small external seating (subject to licensing)
- Nearby public parking
Private Accommodation
The pub has no private accommodation.
Estimated Total Ingoing Costs
£23,103
Estimated Minimum Ingoing Costs
£11,034
Annual Rent
£30,411
Estimated Annual Turnover
£325,123
Deposit
£7,603
Estimated Fixtures & Fittings Value
£7,000
Estimated Stock Valuation
£5,000
Estimated Working Capital
£3,500
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:
1, Callendar Road, Falkirk, FK1 1XS
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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
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