The Kirkhill Bar Cambuslang

27 Cadoc Street, Glasgow G72 8LH

Under Offer
  • The Kirkhill Bar Cambuslang
  • The Kirkhill Bar Cambuslang
  • The Kirkhill Bar Cambuslang
  • The Kirkhill Bar Cambuslang
  • The Kirkhill Bar Cambuslang
  • The Kirkhill Bar Cambuslang
  • The Kirkhill Bar Cambuslang
  • The Kirkhill Bar Cambuslang
  • The Kirkhill Bar Cambuslang
  • The Kirkhill Bar Cambuslang

The Kirkhill Bar Cambuslang

Located in a densely populated mixed housing neighbourhood in Cambuslang, a town to the south-east of Glasgow city centre. The Kirkhill Bar benefited from major refurbishment recently. The incoming publican has a real opportunity to build on the pub's current success following the investment.

As a true community local, the pub needs to be able to cater for the full cross-section of people who live in the immediate area. It provides comfortable facilities and a great range of drinks in a unique environment, with a cosy corner known as the snug where customers can relax as a group and watch televised sport. Live TV sport will always be a draw here, as are darts and dominoes, a weekly quiz night, entertainment at weekends, plus regular charity events to engage and involve the local community.

Available on our Business Start-Up Agreement, with the following support:
  • Manage your risk: 3 year fixed term agreement that you can terminate at any time on three months' notice:
  • Even higher discounts per barrel on Fosters
This financial support is for the first year to help you along the way. All quoted figures are based on Star Pubs & Bars FMT rent models.

Pub Features

  • Business Start-Up Agreement
  • Live Sports
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

This rejuvenated pub forms the ground floor of a tenement building, with flats above. It's an open plan trading operation with a real 'locals' feel and two entrances to the bar area.

Being a one room operation with no kitchen, the Kirkhill is relatively easy to operate and means you can concentrate on your customers, perfect pour is essential here as is a friendly 'front of house' operator.

Although there is no kitchen, there is catering equipment to support a simple 'back bar' offer along the lines of a pie and a pint.

Private Accommodation

There is no Private Accommodation at this site.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 23:30 11:00 - 23:30 11:00 - 23:30 11:00 - 23:30 11:00 - 00:00 11:00 - 00:00 12:30 - 23:30

Financials

Annual Rent £
14,500
Estimated Annual FMOP (Licensee Profit) £
17,872
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
272,216
Estimated Annual Barrelage
227

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 £
4,990
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
3,000
Rent In Advance £
279
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 £
14,454
Estimated Minimum Ingoing Costs £
10,393

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 £
2,830
Estimated Annual Maintenance Compliance Charge £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,908

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