Argyll Bar Helensburgh
67 East Clyde Street, Helensburgh, G84 7PFAgreement Type: Foundation Tenancy
View details for Argyll Bar Helensburgh
Royal Bar Helensburgh
8, West Clyde Street, Helensburgh, G84 8SQ
Pub Code: 0080253101
Key Features
- Great Location
- Well Established
- Live Sports
Est Min Ingoing Costs: £9,269
Annual Rent: £21,224
More Information
Great Pub! Great Locations!
The Royal Bar sits proudly on the Promenade at Helensburgh and enjoys a sea view. The pub is well located in the town and is close to local amenities and the train station. The Royal Bar is long established and much frequented and has been a permanent fixture on the local circuit for many years.
The pub is a one room operation decorated in a contemporary style and is currently in good condition. Sports are big in the Royal and really help to drive trade so the pub is suited to a sports minded operator. While there is no kitchen on site, there is a good opportunity to introduce a simple ‘back bar’ snacks offer. The pub has a great spirits range and mix.
BDM Vision
‘The Royal is well established and well positioned to in the area. This is a great opportunity for someone to immerse themselves in the local area and be right at the heart of the community, being a sports fan with some trade experience would be an advantage’
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with 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 Royal Bar is a one room operation currently in good order. Fronted by two large window with a main entrance that opens right in to the trading area, the pubs has a long feature bar to the right and has a mix of fixed and loose seating.
SmartDispense is already in situ and will save on costs and water while delivering the perfect pour.
https://starpubssupport.co.uk/equipment/smartdispense/
Externally, The Royal Bar is decorated in an eye catching red and stands out to passing customers.
SmartDispense is already in situ and will save on costs and water while delivering the perfect pour.
https://starpubssupport.co.uk/equipment/smartdispense/
Externally, The Royal Bar is decorated in an eye catching red and stands out to passing customers.
Private Accommodation
There is no private accommodation
| Annual Rent | £ 21,224 |
| Estimated Annual Turnover | £ 292,323 |
| Deposit | £ 5,306 |
| Estimated Fixtures & Fittings Value | £ 10,615 |
| Estimated Stock Valuation | £ 4,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 23,421 |
| Estimated Minimum Ingoing Costs | £ 9,269 |
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:
8, West Clyde Street, Helensburgh, G84 8SQ
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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