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Old Oak Inn Rutherglen
157, Calderwood Road, Glasgow, G73 3SU
Pub Code: 2302373101
Key Features
- Good Location
- Recently Refurbished
- Catering Kitchen
- Outside Trade
Est Min Ingoing Costs: £34,427
Annual Rent: £39,750
More Information
Recently refurbished to a high standard!
Located on the outskirts of Glasgow and within the town of Rutherglen the pub is situated within the community of Eastfield and is close to both Rutherglen and Cambuslang town centres, the pub is surrounded by significant housing.
The pub is in excellent condition following refurbishment in late 2018 and has a large car park to the rear of the property and small beer garden to the side. The pub has been developed to the highest of standards and will allow any operator to have a balanced offer focusing on a strong wet offer enhanced by a well-priced and high standard of food offer
We're looking for an operator with experience of running similar pub businesses who can really maximise the offer at this fantastic pub.
Located on the outskirts of Glasgow and within the town of Rutherglen the pub is situated within the community of Eastfield and is close to both Rutherglen and Cambuslang town centres, the pub is surrounded by significant housing.
The pub is in excellent condition following refurbishment in late 2018 and has a large car park to the rear of the property and small beer garden to the side. The pub has been developed to the highest of standards and will allow any operator to have a balanced offer focusing on a strong wet offer enhanced by a well-priced and high standard of food offer
We're looking for an operator with experience of running similar pub businesses who can really maximise the offer at this fantastic pub.
Trading Area & Facilities
The Old Oak is a community bar/restaurant that was refurbished to a very high standard in late 2018, the outlet has a well-established food offer with a fully equipped catering kitchen allowing for an extensive menu for up to 100 covers.
This great looking pub has a natural division allowing the food and wet offer to be partially separated, the bar area has large tv screens and top of the range music/audio equipment, perfect for live sports and events.
The pub also benefits from a large car park to the rear of the property as well as a small licensed beer garden.
The pub has been decorated and remodelled in cool, contemporary colours and finishes and is welcoming to families who want a nice place to eat together, couples and friends meeting for drinks and is a real community hub.
Externally this is a large car park and a licenced beer garden to complete the package.
Private Accommodation
There is no private accommodation at this pub.
Premises Licence Details
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
|---|---|---|---|---|---|---|
|
11:00 - 23:30 |
11:00 - 23:30 |
11:00 - 23:30 |
11:00 - 23:30 |
11:00 - 00:00 |
11:00 - 00:00 |
12:30 - 23:30 |
| Annual Rent | £ 39,750 |
| Estimated Tenants Annual Operating Profit | £ 41,749 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 175 |
| Estimated Annual Turnover | £ 528,147 |
| Estimated Annual Barrelage | 191 |
* 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 | £ 16,000 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 6,000 |
| Deposit Amount | £ 9,938 |
| Rent in Advance | £ 764 |
| 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 | £ 34,427 |
| Estimated Minimum Ingoing Costs | £ 34,427 |
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 | £ 1,255 |
| 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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