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McNeill's Stornoway
13, Cromwell Street, Stornoway, HS1 2DA
Pub Code: 2302971101
Key Features
- Great Location
- Community Local
- Free of tie on spirits & wines
- Live Music
Est Min Ingoing Costs: £11,417
Annual Rent: £36,000
More Information
McNeill's is a well established pub right in Stornoway's town centre. The pub is just a short walk from the ferry port and is popular with locals and tourist.
The pub is a one room operation with no food so although it is relatively simple to run, it does require a big personality to bring the pub to life.
Come and be right at the heart of this great community!
Trading Area & Facilities
McNeill's is well presented one room pub with a central bar.
There is a mixture of fixed and loose seating and great features including a real log fire.
Private Accommodation
Premises Licence Details
Premises Licence Opening Hours
Mon | Tue | Wed | Thu | Fri | Sat | Sun |
---|---|---|---|---|---|---|
11:00 - 01:00 |
11:00 - 01:00 |
11:00 - 01:00 |
11:00 - 01:00 |
11:00 - 01:00 |
11:00 - 01:00 |
12:30 - 23:30 |
Annual Rent | £ 36,000 |
Estimated Tenants Annual Operating Profit | £ 37,086 |
Representative HEINEKEN UK Brand Discount Per Barrel | £ 150 |
Estimated Annual Turnover | £ 455,740 |
Estimated Annual Barrelage | 217 |
** All figures quoted are exclusive of VAT
Ingoing Costs | |
---|---|
Estimated Licensee Fixtures and Fittings Value | £ 9,230 |
Estimated Fixtures and Fittings Valuation Fee | £ 250 |
Estimated Stock Valuation | £ 6,000 |
Deposit Amount | £ 9,000 |
Rent in Advance | £ 692 |
Training Fee | £ 425 |
Estimated Designated Premises Supervisor / Manager Fee | £ 50 |
Premises Licence Fee | £ 295 |
Rates Assessment Fee | £ 55 |
Estimated Legal Fees | £ 650 |
Estimated Total Ingoing Costs | £ 26,647 |
Estimated Minimum Ingoing Costs | £ 11,417 |
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 | £ 1,266 |
Estimated Annual Maintenance Compliance Charge | £ 1,862 |
Estimated Annual Accountancy & Stocktaking Charge (including tills) |
£
4908
|
Estimated Annual Repairs Fund | £ 1300 |
* 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
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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