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Green Mantle Edinburgh

Green Mantle Edinburgh

44, West Crosscauseway, Edinburgh, EH8 9JP Pub Code: 2302329101

Pub Code: 2302329101

Foundation Tenancy

Est Min Ingoing Costs: £14,416

Annual Rent: £35,000

The area

The Green Mantle Bar & Kitchen is located in the town of Edinburgh’s, minutes from the University of Edinburgh and bang in the city centre. The pub is surrounded by shops, food and retails outlets and mixed housing.

The pub benefits from being one of 57 pubs found in an area of around 19,000 adults. The diverse customer base is made up of over 17,000 adults over 18, with the majority being students and in full-time young 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 70/30 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 pub games machines. 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?

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 high street 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

  • 3 Year Tenancy

  • Private Accommodation

  • Live Sports

  • Catering Kitchen

Trading Area & Facilities

  • Main trading area with bar
  • 30 internal covers, total capacity 60
  • Medium kitchen
  • SmartDispense

Private Accommodation

Private accommodation consists of 1 bedrooms, bathroom, a living room and kitchen.

Pub Financials Icon

Estimated Total Ingoing Costs

£30,250


Estimated Minimum Ingoing Costs

£14,416

Annual Rent
£35,000
Estimated Annual Turnover
£454,225
Deposit
£8,750
Estimated Fixtures & Fittings Value
£10,000
Estimated Stock Valuation
£8,000
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.

Location:

44, West Crosscauseway, Edinburgh, EH8 9JP

Google map location image of Green Mantle Edinburgh
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