Callendar Arms Falkirk
1 Callendar Road, Falkirk, FK1 1XSAgreement Type: Foundation Tenancy
View details for Callendar Arms Falkirk
Cowie Tavern Cowie
26, Main Street, Stirling, FK7 7BL
Pub Code: 2302807101
Key Features
- Community Village Local
- Commercial Kitchen
- Two Separate Trading Areas
- Lounge & main bar
- Recently refurbished beer garden
Est Min Ingoing Costs: £11,262
Annual Rent: £21,153
More Information
The area
The Cowie Tavern is located in the village of Cowie, close to Stirling & Falkirk. The pub is surrounded by residential housing.
The Cowie Tavern is the only pub in the Village, and is a fantastic opportunity for the right operator to truly be the heart of the Local Community.
Demographics
The pub benefits from being the only pub in Cowie, with a local population of around 2,100 adults. The customer base is made up of Families, retired people and matured workers.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in providing a fantastic local for the community, with a mainly wet led offer but also offering good value pub food to complement the wet & sports trade. Choose an item. would you look to implement in the pub?
The site currently has the ability to drive trade via bringing back the local community into the pub through offering a selection of pubs games, such as pool, live sports and live entertainment. The kitchen space would lend itself to a simple pub food menu sold at affordable prices, and the bar space offers a great selection of popular beers, ciders, wines and spirits,
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- Understanding of how to build a successful business
- Ability to engage with customers from behind the bar
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
- Separate lounge area
- 25 internal food covers
- 20 external covers
- Kitchen
- Recently refurbished beer garden
Private Accommodation
The pub has no private accommodation
| Annual Rent | £ 21,153 |
| Estimated Annual Turnover | £ 347,873 |
| Deposit | £ 5,288 |
| Estimated Fixtures & Fittings Value | £ 10,000 |
| Estimated Stock Valuation | £ 6,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 24,788 |
| Estimated Minimum Ingoing Costs | £ 11,262 |
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:
26, Main Street, Stirling, FK7 7BL
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Lion & Star Kirkintilloch
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View details for Lion & Star KirkintillochTo 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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