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Steadings Kirkcaldy
93, Bennochy Road, Kirkcaldy, KY2 5RB
Pub Code: 2303086101
Key Features
- Good Catchment Area
- Outdoor Trading Area
- Catering Kitchen
- Fantastic Food Outlet
- Incentives Available
Est Min Ingoing Costs: £15,236
Annual Rent: £26,549
More Information
Fantastic Food Opportunity
Situated in a densely populated residential area of Kirkcaldy on a prominent main road site, the Steadings is a destination that has been refurbished to a high standard. Kirkcaldy contains a good cross-section of housing types. There are also many local businesses within the catchment area. Food sales are a driver of new business for this site and there is a clear opportunity to re-establish and grow this business further. Whether it's value meals or a traditional Sunday Lunch, food is a prerequisite. Providing an enviable drinks selection and creating an appropriate pub environment are equally important.
Entrepreneurial Community Operator Wanted
We are looking for a good community operator, who can drive both food and drinks sales and re-establish the reputation of the pub as the best of its type in the local area. You will need to demonstrate a commitment to friendly customer service and offering high standards of food and drink.
Trading Area & Facilities
The Steadings is a fairly large trading operation with the main bar and restaurant areas accommodating 50 covers. There is also a separate public bar and games area, with live TV sports and a function room. Marketing this space for private parties and celebrations will be key to maximising the potential of this pub. Following the completed refurbishment works, the Steadings has wonderful kerb appeal with modern signage and an excellent signage scheme. A fabulous timber framed, beer decking adds an abundance of additional seating. There is a large car park, which is shared with the adjacent Co-op store.
Private Accommodation
Please note there is no private accommodation is available at this site.
Premises Licence Details
Please refer to the 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 - 00:00 |
11:00 - 00:00 |
11:00 - 00:00 |
12:30 - 00:00 |
| Annual Rent | £ 26,549 |
| Estimated Tenants Annual Operating Profit | £ 31,547 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 175 |
| Estimated Annual Turnover | £ 425,296 |
| Estimated Annual Barrelage | 143 |
* 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 | £ 15,000 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 10,000 |
| Deposit Amount | £ 6,637 |
| Rent in Advance | £ 511 |
| 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 | £ 33,873 |
| Estimated Minimum Ingoing Costs | £ 15,236 |
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 | £ 2,177 |
| 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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