Back Road Stonehouse
Queen Street, Larkhall, ML9 3EEAgreement Type: Foundation Tenancy
View details for Back Road StonehouseRefurbishment Planned
Station Inn Braidwood
43, Lanark Road, Carluke, ML8 5PE
Pub Code: 2302135101
Key Features
- Beautiful countryside location
- Stunning new look planned
- Internally, full decoration throughout
- Rear Conservatory – full decoration
- External area – full decoration to all elevation
- Beer Garden
Est Min Ingoing Costs: £18,480
Annual Rent: £59,761
More Information
Destination Inn set in a beautiful location
We are taking this pub to the next level – making The Station Inn THE pub in the area
What would you do with this pub to make it even more of a success?
The area
Nestled in the heart of the South Lanarkshire countryside, surrounded by fields and cottage homes lies the Station Inn, Braidwood. Braidwood is a village near Carluke and close to the popular towns of Hamilton, Wishaw and Motherwell. A popular destination pub, this premises is a regular with visitors to the area and local residents alike. There is a range of customers in the local area including modern parents and empty nesters. Around 2,000 people (18+) live within a 20 min walking distance of the pub with this set to grow.
The offer
The Station Inn is available on our Three Year fixed term Foundation Tenancy.
The Station Inn has the potential to be THE pub in the area..
• An extensive range of classic and premium lagers, spirits, wines, and cocktails and low and no alcohol options.
• A crowd pleasing menu full of pub classics to complement the drinks offer.
• The entertainment offer should complement the pub with regular events such as weekend music and Pub Quiz
We’re always open to new ideas, what would you do to drive trade?
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 Station Inn will have extensive experience in destination food outlet hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer 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 pubs next chapter…
Trading Area & Facilities
The Station Inn will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
- Main trading area with bar
- Separate dining room
- 89 internal covers
- 42 external covers
- Catering kitchen
- Smart Dispense
- Beer garden Click or tap here to enter text.
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Private Accommodation
The pub has no private accommodation
| Annual Rent | £ 59,761 |
| Estimated Annual Turnover | £ 665,553 |
| Deposit | £ 14,940 |
| Estimated Fixtures & Fittings Value | £ 35,000 |
| Estimated Stock Valuation | £ 10,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 63,440 |
| Estimated Minimum Ingoing Costs | £ 18,480 |
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:
43, Lanark Road, Carluke, ML8 5PE
More properties in this region
Stonehouse Bar Hamilton
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View details for Stonehouse Bar Hamilton
Empire Bar Burnbank
289 Glasgow Road, Hamilton, ML3 0QGAgreement Type: Foundation Tenancy
View details for Empire Bar BurnbankTo 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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