Stonehouse Bar Hamilton

45 Cadzow Street, Hamilton ML3 6DZ

  • Stonehouse Bar Hamilton
  • Stonehouse Bar Hamilton
  • Stonehouse Bar Hamilton
  • Stonehouse Bar Hamilton
  • Stonehouse Bar Hamilton
  • Stonehouse Bar Hamilton

Stonehouse Bar Hamilton

Help us bring a new and exciting offer to Hamilton centre.

The Stonehouse is situated on the busy high street in the town of Hamilton. It is surrounded by shops and residential housing meaning that it receives high footfall from the local community. Further, The Stonehouse will attract customers from neighbouring towns and villages, especially as the refurbishment will create a venue that is unrivalled in terms of quality and atmosphere. Just off the A71, and highly visible on the main road, The Stonehouse is in a prime position for success.

The complete refurbishment will transform The Stonehouse into a venue that you would normally expect to find in larger cities. The bespoke drinks menu, including craft ales, premium wines, and an excellent selection of whiskies and gins, will be matched by a food menu offering delicious light meals and bar snacks. This will be amplified by the traditional yet trendy interior design, ensuring that the pub stands out from its competitors.

Creative, Innovative and Ambitious Operator wanted!

Can you bring something new and exciting to Hamilton? Do you have a flair for food and quirky marketing? Talk to us!

Pub Features

  • Rolling Tenancy
  • Refurbishment Planned
  • Catering Kitchen
  • Outdoor Trade
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Post-refurbishment, The Stonehouse will be a bespoke, stylish pub, with a traditional finish where customers will love to meet for coffee, drinks and snacks. The pub will offer a fantastic drinks menu offering a great selection of lagers, premium wines, gins and whiskies.
The kitchen will provide a brand new light food menu and a new outdoor seating area with planters and traditional wooden furniture will be perfect for the warmer months.


Please note: Any refurbishments are subject to final board approval. Where Star Pubs has invested in a site, the options to rent fixtures and fittings and deposit build up is not available.

Private Accommodation

There is no Private Accommodation at this pub.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 23:30 11:00 - 23:30 11:00 - 23:30 11:00 - 23:30 11:00 - 23:30 11:00 - 01:00 12:30 - 23:30

Financials

Annual Rent £
29,500
Estimated Annual FMOP (Licensee Profit) £
29,535
Representative HEINEKEN UK Brand Discount Per Barrel £
175
Estimated Annual Turnover £
352,409
Estimated Annual Barrelage
193

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
8,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
7,375
Rent In Advance £
567
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
23,127
Estimated Minimum Ingoing Costs £
12,643

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
609
Estimated Annual Maintenance Compliance Charge £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* 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

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased