County Hotel North Berwick

17 High Street, EH39 4HW

  • County Hotel North Berwick
  • County Hotel North Berwick
  • County Hotel North Berwick
  • County Hotel North Berwick
  • County Hotel North Berwick
  • County Hotel North Berwick
  • County Hotel North Berwick
  • County Hotel North Berwick
  • County Hotel North Berwick
  • County Hotel North Berwick

County Hotel North Berwick

Extensive Refurbishment Planned in a Fantastic Location!

The County Hotel is centrally located in the beautiful seaside town of North Berwick, under an hour's drive from Edinburgh and on it's own train line from the Capital. The pub is situated on the High Street close to local shops and visitor attractions, such as the Harbour and the Sea Bird Centre, so footfall is high. With a stunning beach, scenic golf courses and fantastic local wildlife, North Berwick benefits from visitors and tourists throughout the year. This means that The County provides a unique opportunity to run a thriving pub/hotel business with bedrooms and an excellent food and drink offer, which will appeal to both local customers and visitors alike.

The County Hotel will provide a great opportunity for those wishing to run a premium modern business attracting a broad clientele of local residents, business people, and visitors to historic North Berwick.

The upgraded County Hotel will run as a premium pub, with a fantastic food offer and stylish letting bedrooms. It will be transformed into a relaxing, intimate and welcoming venue, where customers of all ages will love to spend time. Not only will it offer great beer and cider and an exciting wine range, premium spirits and cocktails, but also an interesting all day food menu, coffee and hot drinks, to suit all tastes. Entertainment, on trend food, and a contemporary bar in the stable block/garden area will complement the main offer in the pub making it the best place to stay, eat and drink in the North Berwick.

Pub Features

  • Letting Rooms
  • Refurbishment Planned
  • Catering Kitchen
  • Long-Term FRI Lease
  • Outdoor Trade

Trading Area & Facilities

An extensive refurbishment will breathe new life into The County Hotel, transforming it into a vibrant pub with a modern, comfortable feel.

The upgraded Bar space will provide an opportunity to sell a wide range of food and drinks throughout the day, while the first floor Dining Room will be revitalised to provide both restaurant space and a room to hold private celebrations and functions. The kitchen will be upgraded so that menus can accommodate all customer tastes and each letting bedroom will be refurbished to a high standard.

Externally a brand new Bar in the Barn will be established in the existing stable block in front of the garden at the rear of the pub, creating a trendy indoor and outdoor drinking space, which will be complemented with a Pizza, Barbeque, or similar food menu.

Private Accommodation

There is no private accommodation on site.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 23:00 11:00 - 23:00 11:00 - 23:00 11:00 - 23:00 11:00 - 01:00 11:00 - 01:00 11:00 - 23:00

Financials

Annual Rent £
95,000
Estimated Annual FMOP (Licensee Profit) £
96,965
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
1,013,642
Estimated Annual Barrelage
281

“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 £
70,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
23,750
Rent In Advance £
1,827
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
102,772
Estimated Minimum Ingoing Costs £
102,772

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 £
2,544
Estimated Annual Maintenance Compliance Charge £
1,473
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