Kilderkin Edinburgh
67 Canongate, Edinburgh, EH8 8BSAgreement Type:
Just Add Talent
View details for Kilderkin Edinburgh
Newliston Arms Kirkliston
Newliston Arms Kirkliston
78/82, Main Street, Kirkliston, EH29 9AB Pub Code: 0080372101
Pub Code: 0080372101
Foundation TenancyEst Min Ingoing Costs: £16,485
Annual Rent: £35,827
Ideal location in commuter village
The Newliston Arms is situated in the residential commuter village of Kirkliston. Kirkliston is ideally located to travel to Edinburgh, Livingston and Falkirk. There is a large housing development being built in nearby Winchburgh that will cause increased footfall and drive trade. Visitors to the area stop in for a pint on their way to Dundas Castle only 2 miles away.
Food and functions opportunity
Currently the pub does well with wet sales and the clientele consists mainly of local residents. There is additional income from gaming machines and the pub has televisions which could show live sport. The pub benefits from a fully functioning kitchen giving an opportunity to drive food sales.
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 Newliston will have extensive experience in hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy 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 Newliston Arms is a traditional stone building with fantastic kerb appeal. Inside there is a horseshoe bar and the dark wood panelling adds to the traditional, cosy feel. The pub seats 40 covers and there is an additional function space which could be utilised for events. There is parking to the rear of the premises. The pub benefits from a beer garden with a sheltered pool table and a wood burning stove which would draw in custom in the summer months.
Private Accommodation
There is no private accommodation with this pub.
Estimated Total Ingoing Costs
£56,591
Estimated Minimum Ingoing Costs
£16,485
Annual Rent
£35,827
Estimated Annual Turnover
£588,046
Deposit
£8,956
Estimated Fixtures & Fittings Value
£34,135
Estimated Stock Valuation
£10,000
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:
78/82, Main Street, Kirkliston, EH29 9AB
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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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