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Lochy Fort William

Kilmallie Rd, Caol, Fort William, PH33 7HL

Pub Code: 0080225101

Key Features

  • Great Location
  • Onsite Parking
  • Beer Garden
  • 60/40 wet/dry split

Est Min Ingoing Costs: £16,015

Annual Rent: £42,948

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More Information

The Lochy pub is in the small town of Caol. It is close to the tourist attractions of Ben Nevis and Neptune's Staircase, and this is an important target market for the pub.

It has a classic pub feel with onsite parking and a beer garden. It has a pool table and darts board, as well as a dining area big enough to cater for around 40.  This makes it popular with both locals and visitors in the area.

The pub currently has a great food offering and the catering kitchen is in good condition. The wet/dry split is 60/40 making this a perfect pub for an operator that can do both food and drink retailing well.

  • Cask Ale

  • Business Start Up Agreement

  • Pub Games

  • Outdoor Trade

  • Catering Kitchen

  • Car Park

Trading Area & Facilities

This site benefits from 40 cover dining area. To the side of the bar, there is a pool table and darts throw.

It has a large outdoor trading space and onsite parking.

Private Accommodation

There is no private accommodation on site.

Premises Licence Details

See licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 -
00:00
11:00 -
00:00
11:00 -
00:00
11:00 -
00:00
11:00 -
01:00
11:00 -
01:00
12:00 -
11:30

Annual Rent £
42,948
Estimated Tenants Annual Operating Profit £
47,696
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
641,500
Estimated Annual Barrelage
213
* 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

Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
20,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
10,000
Deposit Amount £
10,737
Rent in Advance £
826
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
43,173
Estimated Minimum Ingoing Costs £
16,015
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
962
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6108
Estimated Annual Repairs Fund £
1300
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
** 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

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