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McPhabbs Glasgow
23, Sandyford Place, Glasgow, G3 7NG
Pub Code: 2303268101
Key Features
- Great Location
- Catering Kitchen
- Outside Trade
- Free of Tie on Spirits & Wines
Est Min Ingoing Costs: £11,225
Annual Rent: £32,000
More Information
Great Opportunity!
McPhabbs is situated in the Sandyford area on the edge of Glasgow City Centre. Close to Kelvingrove Park and within walking distance of the SSE Hydro, it is surrounded by shops, amenities and office buildings, meaning it receives high footfall from the local community as well as visitors to the city. The pub is also easily accessible on public transport, being just around the corner from the Exhibition Centre train station. Highly visible on the main road, McPhabbs is in a prime position for success.
Currently, McPhabbs operates as Van Winkle West End and is a neighbourhood pub with an all-day menu. The surrounding area has few pubs and McPhabbs is well place to tap in to the 'pub with food' market. McPhabbs is eye catching from the street and is well maintained with around 100 covers for food and a function area for events. You also benefit from two outside trading areas with a beer garden out back and the attractive terrace to the front.
McPhabbs is situated in the Sandyford area on the edge of Glasgow City Centre. Close to Kelvingrove Park and within walking distance of the SSE Hydro, it is surrounded by shops, amenities and office buildings, meaning it receives high footfall from the local community as well as visitors to the city. The pub is also easily accessible on public transport, being just around the corner from the Exhibition Centre train station. Highly visible on the main road, McPhabbs is in a prime position for success.
Currently, McPhabbs operates as Van Winkle West End and is a neighbourhood pub with an all-day menu. The surrounding area has few pubs and McPhabbs is well place to tap in to the 'pub with food' market. McPhabbs is eye catching from the street and is well maintained with around 100 covers for food and a function area for events. You also benefit from two outside trading areas with a beer garden out back and the attractive terrace to the front.
Trading Area & Facilities
McPhabbs trading area is across two floors. The ground floor is the main trading space and downstairs you have the kitchen, cellar and function room. There are circa 100 covers all in and a well equipped kitchen. The pub is well maintained and has a contemporary feel.
Externally there is a beer garden at the back and a terrace to the front. A car parking space is also on site.
Please note: The Van Winkle is not a Star Pubs & Bars trademark and will not be retained.
Externally there is a beer garden at the back and a terrace to the front. A car parking space is also on site.
Please note: The Van Winkle is not a Star Pubs & Bars trademark and will not be retained.
Private Accommodation
There is no private accommodation at this site.
Premises Licence Details
Please refer to the Premises Licence for further 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 - 00:00 |
11:00 - 00:00 |
12:30 - 00:00 |
| Annual Rent | £ 32,000 |
| Estimated Tenants Annual Operating Profit | £ 31,998 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 125 |
| Estimated Annual Turnover | £ 454,715 |
| Estimated Annual Barrelage | 130 |
* 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
** All figures quoted are exclusive of VAT
| Ingoing Costs | |
|---|---|
| Estimated Licensee Fixtures and Fittings Value | £ 12,000 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 6,000 |
| Deposit Amount | £ 8,000 |
| Rent in Advance | £ 615 |
| 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 | £ 28,225 |
| Estimated Minimum Ingoing Costs | £ 11,225 |
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.
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 | £ 7,694 |
| 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
* 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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