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Kinloch Arms Hotel Carnoustie

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Kinloch Arms Hotel Carnoustie

27-29, High Street, Carnoustie, DD7 6AN Pub Code: 0080334101

Pub Code: 0080334101

Foundation Tenancy

Est Min Ingoing Costs: £12,708

Annual Rent: £26,501

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Coming soon! We are currently working up the financials for this site, so all quoted figures are indicative only. We are accepting applications in the meantime so apply today.

Great location pub, short walk from the Coastline.

What would you do with this pub to make it a success?

The area

The Kinloch Arms is located in the town of Carnoustie, close to the coastline. The pub is surrounded by commercial businesses.

Demographics

The pub benefits from being one of 4 pubs found in an area of around 3,000 adults. The majority of the customer base is made up of medium to high affluent people.

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 30/70 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 selection of pubs games, such as pool. It offers a selection of a pub classic menu, coffees, and popular beers, ciders, wines and spirits.

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, entertainment offer and marketing strategy 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 what you can bring to this pub’s next chapter…

  • Coming Soon

  • Foundation Tenancy

  • Outdoor Trade

  • Pub Games

  • Catering Kitchen

  • Letting Rooms

Trading Area & Facilities

  • Main trading area with bar
  • Separate dining room
  • Catering kitchen
  • Function room
  • SmartDispense
  • 8 letting rooms
  • Beer garden with decking
  • Car park with 12 spaces

Private Accommodation

This pub has no private accommodation. 

Pub Financials Icon

Estimated Total Ingoing Costs

£37,125


Estimated Minimum Ingoing Costs

£12,708

Annual Rent
£26,501
Estimated Annual Turnover
£467,860
Deposit
£6,625
Estimated Fixtures & Fittings Value
£20,000
Estimated Stock Valuation
£7,000
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:

27-29, High Street, Carnoustie, DD7 6AN

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