Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs. It’s free and puts you under no obligation.
RegisterEagle Hotel Dornoch
Eagle Hotel Dornoch
Castle Street, Dornoch, IV25 3SR Pub Code: 2303256101
Pub Code: 2303256101
Foundation TenancyEst Min Ingoing Costs: £25,916
Annual Rent: £89,000
Part of the North Coast 500 route and home of world-famous golf courses, Dornoch is a stunning town to run a pub in!
What would you do with this pub to make it even more of a success?
The area
The Eagle is located in the town of Dornoch, close to one of the . The pub is surrounded by shops, food and retails outlets and mixed housing.
The pub is also close to Royal Dornoch golf course, the beach and is part of the North Coast 500 route.
Demographics
The pub benefits from being one of 4 pubs found in an area of around 897 adults. The majority customer base is made up of tourism and passing trade.
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 60/40 food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live entertainment, live sports and capturing various trade opportunities. It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu, and cask ales.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their 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
- Separate dining room
- 80 internal covers
- 24 external covers
- Catering kitchen
- Function room
- SmartDispense
- Nine letting rooms
- Outdoor Trade Space
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, kitchen, and bathroom
Estimated Total Ingoing Costs
£88,750
Estimated Minimum Ingoing Costs
£25,916
Annual Rent
£89,000
Estimated Annual Turnover
£933,227
Deposit
£22,250
Estimated Fixtures & Fittings Value
£48,000
Estimated Stock Valuation
£15,000
Estimated Working Capital
£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:
Castle Street, Dornoch, IV25 3SR
[]
Selected pub
Other pubs
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
