Stonehouse Bar Hamilton
45 Cadzow Street, Hamilton, ML3 6DZAgreement Type:
Foundation Tenancy
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Horse & Barge Clydebank
Horse & Barge Clydebank
688, Dumbarton Road, Clydebank, G81 4BB Pub Code: 2302854101
Pub Code: 2302854101
Investment TenancyEst Min Ingoing Costs: £22,801
Annual Rent: £21,204
Refurbishment of traditional wet-led pub.
The Horse & Barge offers a great opportunity for someone who wants to take on a well-backed, newly refurbished pub with plenty of potential.
What would you do with this pub to make it even more of a success?
The Area
The pub benefits from being one of several pubs found in an area of around 4,370 adults within a 10-minute walk. The customer base is made up of mature adults.
Located west of Glasgow, Clydebank sits on the banks of the River Clyde and was once the heart of Scottish shipbuilding. The pub is also within easy walking distance of Dalmuir train station and Dalmuir Public Park.
The Offer
The Horse & Barge is available on our investment tenancy agreement. Click here for more information on this agreement.
We’re making a significant investment into this traditional pub to give it a full refresh inside and out. The redecoration will cover the entire trade area, including refreshed furniture, new bric-a-brac, and upgrades to the bar and back bar. The ladies’ and gents’ toilets will also be fully redecorated. Outside, the pub will benefit from new signage and a full external redecoration—making it a far more welcoming place for the local community.
The drinks range will feature Cruzcampo, Heineken, Guinness, Strongbow, Strongbow Dark Fruit and a selection of world and speciality beers and spirits. This will be a wet-led pub with no food or coffee offer. Entertainment will include Sky & TNT Sports, live music, karaoke and quizzes.
We’re always open to new ideas, what would you do to drive trade?
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 Horse & Barge will be undergoing a refurbishment which will cover the internal and external areas of the pub.
The pub’s trading area and facilities post refurbishment will be:
Main trading area with bar
- 62 internal covers
- 12 external covers
- SmartDispense
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Private Accommodation
There is no private accommodation on site.
Estimated Total Ingoing Costs
£22,801
Estimated Minimum Ingoing Costs
£22,801
Annual Rent
£21,204
Estimated Annual Turnover
£348,777
Deposit
£5,301
Estimated Fixtures & Fittings Value
£10,000
Estimated Stock Valuation
£4,000
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:
688, Dumbarton Road, Clydebank, G81 4BB
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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
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