Campbeltown Bar Dundee

271 Hawkhill, Dundee, DD2 1DN

  • Campbeltown Bar Dundee
  • Campbeltown Bar Dundee
  • Campbeltown Bar Dundee
  • Campbeltown Bar Dundee
  • Campbeltown Bar Dundee

Campbeltown Bar Dundee

Great Location - The Campbeltown Bar is situated in a prime location on a prominent corner at the top of the famous Perth Road in Dundee. The bar is surrounded by residential housing, as well as close to student accommodation. This location benefits from high levels of passing footfall throughout the day - perfect to entice customers with the introduction of a coffee and drinks offer. There's also a high number of passers-by in the evenings, looking for somewhere to stop in for a relaxing drink or special occasion. As such, The Campbeltown Bar is a great opportunity to be the go-to neighbourhood bar, targeting a wide cross section of customers, as well as attracting visitors from further afield looking for a night out in Dundee.

Innovative Operator Wanted! You'll need a flair for social media and quirky offers and a strong rythm of the week to realise the potential of this great pub. Does that sound like you?

Pub Features

  • Rolling Tenancy
  • Refurbishment Planned
  • Cask Ale

Trading Area & Facilities

The planned refurbishment of the existing bar servery and general uplift to the trading area will revitalise the look and feel of the bar. New décor will be installed throughout. There will be a particular focus in broadening the appeal of the space to offer a relaxing environment for groups of female friends.

Currently, The Campbeltown Bar operates predominantly as a wet-led outlet. The incoming lessee will be able to capitalise and expand on this, introducing offerings and a space that also appeal to a female audience looking for simple and good quality food and drink in comfortable surroundings. The transformational works will create a comfortable and inviting venue for a wide breadth of customers, whether visiting during the daytime or in the evening, The Campbelton Bar will be a welcoming venue with a stylish finish with a great drinks selection including craft beer and cider, premium wine, spirits and cocktails.

A small kitchen area gives an opportunity for a focused food offer and live entertainment, such as DJs, quizzes and music will complete the package.

Private Accommodation

There is no private accommodation at the Campbeltown Bar.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 01:00 11:00 - 01:00 11:00 - 00:00

Financials

Annual Rent £
29,750
Estimated Annual FMOP (Licensee Profit) £
31,299
Representative HEINEKEN UK Brand Discount Per Barrel £
170
Estimated Annual Turnover £
329,171
Estimated Annual Barrelage
177

“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
30,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
7,000
Deposit Amount £
7,438
Rent In Advance £
572
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
47,195
Estimated Minimum Ingoing Costs £
14,664

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
700
Estimated Annual Maintenance Compliance Charge £
588
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* 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

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased