High Dive Edinburgh
81/85 St Leonards Street, Edinburgh, EH8 9QYAgreement Type: Foundation Tenancy
View details for High Dive Edinburgh
Earl Of Marchmont Edinburgh
22, Marchmont Crescent, Edinburgh, EH9 1HG
Pub Code: 2302328101
Key Features
- Great Location
- Pavement Licence
- Free of tie on wine & spirits
- Cask Ales
Est Min Ingoing Costs: £9,852
Annual Rent: £28,231
More Information
Amazing Location!
The Earl of Marchmont is a traditional Edinburgh tenement pub right in the heart of the highly desirable Marchmont area. The pub is on an impressive corner plot, surrounded by residential properties. The area is close to the Meadows, Bruntsfield and Morningside and is popular with students from the nearby Edinburgh Uni. The Meadows hosts many events and is stowed out at Festival time.The Earl of Marchmont is a great community pub with a pavement licence and would benefit from having an imaginative operator who can fill the pub at all times with events and a strong social media presence.
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
The Earl of Marchmont is a one room pub with the bar being the focal point to one side of the pub. The interior has some original Victorian features but is also modern and well maintained.
Externally, the pub has large windows that not only flood the pub with light but are also great for enticing in passing trade. There is a pavement licence which is great for outdoor trade and coffees during the day.
Externally, the pub has large windows that not only flood the pub with light but are also great for enticing in passing trade. There is a pavement licence which is great for outdoor trade and coffees during the day.
Private Accommodation
There is no private accommodation at this pub.
| Annual Rent | £ 28,231 |
| Estimated Annual Turnover | £ 331,067 |
| Deposit | £ 7,057 |
| Estimated Fixtures & Fittings Value | £ 5,000 |
| Estimated Stock Valuation | £ 4,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 19,557 |
| Estimated Minimum Ingoing Costs | £ 9,852 |
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:
22, Marchmont Crescent, Edinburgh, EH9 1HG
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View details for Caley Sample Room EdinburghTo 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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