Hazeldene Hotel Gretna

Main Street, Springfield, Gretna Green DG16 5EA

  • Hazeldene Hotel Gretna
  • Hazeldene Hotel Gretna
  • Hazeldene Hotel Gretna
  • Hazeldene Hotel Gretna
  • Hazeldene Hotel Gretna
  • Hazeldene Hotel Gretna
  • Hazeldene Hotel Gretna

Hazeldene Hotel Gretna

Amazing Location!

The Hazeldene Hotel is a short walk from the historic wedding venue Famous Blacksmiths Shop in Gretna Green and also close to the A74 and Gretna outlet shopping village. Gretna Green is a small town on the Solway Coastal Route and along with The Famous Blacksmiths Shop attracts visitors from around the world to get married, visit the fascinating Blacksmiths Shop museum and enjoy everything the area has to offer. The local community is made up of mostly couples and families. The hotel is currently popular with visitors to the area, who go for meals, functions including weddings and accommodation and there is great potential for the right operator to grow this multiple income stream.

Hospitality Hero Wanted!

We are looking for an operator experienced in hospitatlity and motivated to develop the wedding package. The operator will need to demonstrate a proven track record within the hospitality industry and show they can work with us to allow the hotel to achieve it's full potential.

Available on our Business Start -Up Agreement, with the following support:
  • Manage your risk: 3 year fixed term agreement that you can terminate at time time on three months' notice;
  • Financial support: even higher discounts on beer and cider available if volume targets are met (90% of targeted sale)
This financial support is for the first year, to help you along the way. All quoted figures are based on Start Pubs & Bars FMT rent model.

Pub Features

  • Business Start-Up Agreement
  • Letting Rooms
  • Function Room
  • Car Parking
  • Catering Kitchen
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The Hazeldene hotel has a traditional feel with a Scottish themed décor and includes a lot of natural finish in wood and exposed brickwork giving it a cosy and welcoming feel.

The ground floor includes a large open plan community bar area with pool table and a large separate dining area, which doubles as a function area. The dining area can seat approximately 60. Upstairs there are 11 letting rooms including a suite with a 4 poster bed and whirlpool tub. Any investment would be likely to include the letting rooms.

Externally the hotel is well-maintained and contemporary with definite kerb appeal. There is a good size car park and a very appealing decked outside trading area, which has pull-down covers making it suitable for use all year round.

Private Accommodation

The private accommodation consists of bedrooms, kitchen, bathroom and lounge. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Premises Licence Details

Please refer to the Premises Licence for full 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 - 00:00 11:00 - 00:00 11:00 - 00:00 12:00 - 23:00

Financials

Annual Rent £
29,250
Estimated Annual FMOP (Licensee Profit) £
30,127
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
457,714
Estimated Annual Barrelage
187

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).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
16,833
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
3,000
Rent In Advance £
563
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
27,581
Estimated Minimum Ingoing Costs £
12,623

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 £
1,302
Estimated Annual Maintenance Compliance Charge £
1,059
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