Skip to content

Polton Inn Lasswade

Polton Road, Lasswade, EH18 1BS

Pub Code: 2301246101

Key Features

  • Recently Refurbished
  • Catering Kitchen
  • Outside trade & Car Park
  • Community Hub

Est Min Ingoing Costs: £9,024

Annual Rent: £21,546

Apply for this Pub

More Information

Great Location!

Located in a good residential area on the main road between Lasswade and Polton, the Polton Inn was refurbished to a high standard in 2018. Comprising a Bar and Lounge with Restaurant area seating 45, the pub has a catering kitchen, large car park and an external seating area at the front. 

A fantastic opportunity awaits for a motivated Business Operator to engage with the people in the local area to create a hub for customers wishing to meet, eat, drink and enjoy themselves in a friendly and convivial environment. Providing an attractive food and drink offer together with activities, such as pub games, entertainment, quiz nights and televised sport will encourage a wide range of customers to frequent the pub. There is room to cater for group events and activities; celebrations, meetings, funerals, team presentation nights and other similar sized functions.

The Polton Inn is a premium local situated in the heart of a busy local community close to the local rugby club, and other community and sporting facilities.

The successful candidate will demonstrate a willingness to engage with the local populace and an ability to create a high quality food and drink offer, supported by local activities and events, which draw customers living and working locally to use the pub. The Polton has the facilities to become the best venue of it’s type in the area and the opportunity awaits for an outward looking publican to create a local venue that customers are proud of and choose to come to.

  • Business Start Up Agreement

  • Catering Kitchen

  • Live Sports

  • Pub Games

  • Car Park

  • Outdoor Trade

  • Private Accommodation

Trading Area & Facilities

The Polton Inn was refurbished to a high standard in 2018 and is in great condition throughout.

Comprising a Bar and Lounge with Restaurant area seating 45, the pub if finished to a high specification and has a warm and contemporary feel.

The catering kitchen supports the food offer and there is a large car park and an external seating area at the front.

Private Accommodation

The Private Accommodation consists of a spacious 3 bedroom residential flat with a separate entrance on the first floor.

Premises Licence Details

Please see premises licence for full 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 -
01:00
11:00 -
01:00
11:00 -
01:00
11:00 -
00:00

Annual Rent £
21,546
Estimated Tenants Annual Operating Profit £
24,044
Representative HEINEKEN UK Brand Discount Per Barrel £
170
Estimated Annual Turnover £
312,113
Estimated Annual Barrelage
172
* 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

Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
14,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
5,387
Rent in Advance £
414
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 £
25,411
Estimated Minimum Ingoing Costs £
9,024
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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
2,482
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

Pub Vacancy Alerts

Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs & Bars. It’s free and puts you under no obligation.

Register

Want to know more?

To download our no nonsense guide to running your own pub click below.

Download