Kilderkin Edinburgh
67 Canongate, Edinburgh, EH8 8BSAgreement Type:
Just Add Talent
View details for Kilderkin Edinburgh
Mash Tun Edinburgh
Mash Tun Edinburgh
154-58, Easter Road, Edinburgh, EH7 5RL Pub Code: 2302889101
Pub Code: 2302889101
Foundation TenancyEst Min Ingoing Costs: £11,384
Annual Rent: £34,602
The Mash Tun offers a great opportunity for someone who wants to take on a well-backed 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 a densely populated area of 16,439 adults within a 10-minute walk. The customer base is made up of a mix of age groups, with an over-index of young adults and a blend of low and high affluence.
The Mash Tun is located on Easter Road in Edinburgh, close to the Hibernian football ground (capacity 20,400) and just a 15-minute walk from the city centre, train station, and the St James Quarter shopping and dining destination.
The offer
The Mash Tun is available on our investment tenancy agreement. Click here for more information on this agreement.
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 Mash Tun will have extensive experience in hospitality businesses. They will have a clear vision for their drinks, food, and service offer, 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…
Trading Area & Facilities
The Mash Tun will be undergoing a refurbishment which will cover the inside and outside of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pub's trading area and facilities post refurbishment will be:
- Main trading area with bar.
- 70 internal covers.
- 10 external covers.
- Catering kitchen.
- HEINEKEN 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
The pub has no private accommodation.
Estimated Total Ingoing Costs
£45,151
Estimated Minimum Ingoing Costs
£11,384
Annual Rent
£34,602
Estimated Annual Turnover
£504,637
Deposit
£8,651
Estimated Fixtures & Fittings Value
£28,000
Estimated Stock Valuation
£5,000
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:
154-58, Easter Road, Edinburgh, EH7 5RL
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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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