Dugg House Dunfermline
6 Guildhall Street, Dunfermline, KY12 7NSAgreement Type:
Foundation Tenancy
View details for Dugg House Dunfermline
Chapel Tavern Kirkcaldy
Chapel Tavern Kirkcaldy
39-41, Chapel Road, Kirkcaldy, KY2 6TT Pub Code: 2302131101
Pub Code: 2302131101
Foundation TenancyEst. Annual Turnover: £424,568
Annual Rent: £30,684
Community pub in a densely populated mixed housing area.
What would you do with this pub to make it a success?
The area
The Chapel Tavern is located in the town of Kirkcaldy, close to a retail park, with easy access to the duel-carriageway. The pub is surrounded by residential housing.
Demographics
The pub benefits from being one of 2 pubs found in an area of nearly 11,000. The majority customer base is made up of around 9,000 adults.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a strong food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via pub games machines, live sports and live entertainment. It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu, and coffees.
We’re always open to new ideas, what would you do to drive trade?
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
• Main trading area with bar
• 40 internal covers
• 20 external covers
• Large catering kitchen
• HEINEKEN SmartDispense®
• Two beer gardens
• Car park with 10 spaces
• Ramp for disabled access
Private Accommodation
The pub has no private accommodation.
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.
Indicative entry costs range from**:
£14,057 - £39,171
Annual
Estimated Annual Turnover
£424,568
Annual Rent
£30,684
Entry Costs
Deposit
**Deposit build up from 1 month rent
**Deposit build up from 1 month rent
£7,671**
Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available
**Rented fixtures & fittings deal available
£20,000**
Stock Valuation
£8,000
Working Capital Required
£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:
39-41, Chapel Road, Kirkcaldy, KY2 6TT
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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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