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Canal Inn Camelon, Falkirk
14, Canal St, Camelon, Falkirk, FK1 4QU
Pub Code: 0080301101
Key Features
- Fantastic Location
- Established Business
- Cask Opportunity
- Community hub
Est Min Ingoing Costs: £12,168
Annual Rent: £29,040
More Information
Fantastic Location.
The Canal Inn sits right on the canal side in Camelon, Falkirk. The pub has great views is surrounded by housing. The nearby cycle paths and canal boats provide extra custom at this busy, well maintained traditional pub.
The Canal Inn is a great example of a traditional Scottish pub where great drinks are served in a cosy atmosphere. The pub is a well established business but there is scope to introduce cask and coffee.
We are looking for an experienced operator to take up this great opportunity.
Trading Area & Facilities
The Canal Inn is a traditional and historic building that has been very well maintained. The pub is a one room operation and has exposed bricks, stone floors and wooden beams. There is a fireplace to give you a focal point and the bar is homely and cosy.
The cellar has our SmartDispense system installed so you'll always get a great pint.
Externally, again the pub is well maintained and finished.
Private Accommodation
There is no Private Accommodation at the Canal Inn.
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 |
12:30 - 00:00 |
| Annual Rent | £ 29,040 |
| Estimated Tenants Annual Operating Profit | £ 36,039 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 150 |
| Estimated Annual Turnover | £ 355,323 |
| Estimated Annual Barrelage | 247 |
* 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 | £ 4,000 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 7,000 |
| Deposit Amount | £ 7,260 |
| Rent in Advance | £ 558 |
| 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 | £ 20,428 |
| Estimated Minimum Ingoing Costs | £ 12,168 |
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 | £ 855 |
| 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
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