Tavern Prestwick
3/5 The Cross, Prestwick, KA9 1AJAgreement Type: Foundation Tenancy
View details for Tavern PrestwickRefurbishment Planned
Howard Arms Kilmarnock
5/7, Glencairn Sq, Kilmarnock, KA1 4AQ
Pub Code: 0080502101
Key Features
- Coming Soon
- Investment Planned
- Great sports location
- Private Accommodation
Est Min Ingoing Costs: £58,718
Annual Rent: £32,874
More Information
Trading Area & Facilities
Private Accommodation
| Annual Rent | £ 32,874 |
| Estimated Annual Turnover | £ 485,289 |
| Deposit | £ 8,218 |
| Estimated Fixtures & Fittings Value | £ 32,000 |
| Estimated Stock Valuation | £ 15,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 58,718 |
| Estimated Minimum Ingoing Costs | £ 58,718 |
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:
5/7, Glencairn Sq, Kilmarnock, KA1 4AQ
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View details for Keystone JohnstoneTo 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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