Park Bar Clydebank
Park Bar Clydebank
421-423, Dumbarton Road, Clydebank, G81 4DU Pub Code: 2302325101
Pub Code: 2302325101
Investment TenancyEst. Annual Turnover: £495,698
Annual Rent: £29,953
A planned investment in the region of £223,000 will transform Park Bar into a refreshed premium local pub with a more modern, welcoming look and a stronger food, drink and community offer. What would you do with this pub to make it a success?
About the area
Park Bar sits on Dumbarton Road in Clydebank, surrounded by established residential neighbourhoods and within a 10-minute walk of Dalmuir train station. The Golden Jubilee hospital is also close by. There are 2,279 adults within a 10-minute walk of the pub and 12,416 within a 20-minute walk.
There are five competitor pubs within walking distance, including one that has recently been refurbished, while the others are largely value-led and wet-led. Historically, Park Bar traded predominantly as a drinks-focused pub with a loyal, more mature customer base, and it has lacked a clearly differentiated offer. The pub is currently closed, creating an opportunity to relaunch it with a stronger position in the local market. The refurbishment is intended to broaden its appeal, attracting families and casual diners while retaining its role as a welcoming local for established customers.
The offer
Park Bar is available on our investment tenancy agreement. Click here for more information on this agreement. Please refer to the 'Refurbishment Details' section for details of the investment being made.
Who we're looking for
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 Park Bar will have extensive experience in premium local pubs with a strong food offer and community focus. They will have a clear vision for the food and drink menu, events programme and local 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 refurbishment of Park Bar will cover both the interior and exterior. A full list of works and pub floor plan can be found in the Downloads section. The pub's trading area and facilities post refurbishment will be:
- Main trading area with bar
- Separate dining room
- 76 internal 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
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.
Indicative entry costs
£40,988
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.
What we're planning & why
Star Pubs plans to invest around £223,000 in both the interior and exterior of Park Bar. The scheme will refresh the bar and décor, improve the external appearance and signage, and create a more appealing premium local pub with a traditional but modern look and feel.
What's happening?
Externally, the pub will receive full redecoration and a new signage scheme to improve kerb appeal and help attract more passing trade and visitors. Internally, the bar and trading areas will be completely refreshed and redecorated to deliver a better drinking experience and create clear spaces that can support both drinks-led and food-led occasions.
Park Bar was well known for food in the past, giving the new operator an opportunity to re-establish that reputation and build a compelling food offer alongside the drinks trade. The pub should also be set up to serve occasions throughout the day for local customers, supported by a varied events programme that helps establish Park Bar as a hub for the local community. The operator will have scope to shape the final food, drink and events offer within the overall premium local positioning.
Why invest?
Park Bar is ideally placed to rebuild its reputation in the local community. The planned investment will address the pub’s current lack of kerb appeal, refresh its design to better meet modern customer expectations and create a clearer reason to visit. By broadening the customer base, re-establishing the food offer, supporting more all-day occasions and introducing a varied events programme, the refurbishment is anticipated to increase footfall and turnover, with net weekly turnover projected to reach around £10,000.
To explore some of our recent successful pub investment projects, please see our Investment Showcase page.
Harvies in Paisley has recently undergone a similar transformation to what we are planning for Park Bar.
Location:
421-423, Dumbarton Road, Clydebank, G81 4DU
Selected pub
Other pubs
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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