Tally Ho Hotel Winchburgh

7 Main Street, Broxburn, Broxburn EH52 6TP

  • Tally Ho Hotel Winchburgh
  • Tally Ho Hotel Winchburgh
  • Tally Ho Hotel Winchburgh
  • Tally Ho Hotel Winchburgh
  • Tally Ho Hotel Winchburgh
  • Tally Ho Hotel Winchburgh
  • Tally Ho Hotel Winchburgh
  • Tally Ho Hotel Winchburgh
  • Tally Ho Hotel Winchburgh
  • Tally Ho Hotel Winchburgh
  • Tally Ho Hotel Winchburgh
  • Tally Ho Hotel Winchburgh
  • Tally Ho Hotel Winchburgh

Tally Ho Hotel Winchburgh

Rare Hotel Opportunity

The Tally Ho is the only pub currently in Winchburgh, and with the area set to expand significantly, this is an amazing opportunity to be part of a growing business. The Tally Ho Hotel is a welcoming, local pub situated in the village of Winchburgh, a commuter town of Edinburgh. Previously a mining village, Winchburgh boasts pleasant countryside walks and excellent transport links to the city for office workers. The residents who call this village home, provide an excellent customer base for the hotel. The Tally Ho offers a comfortable dining and drinking experience to guests. Currently the food menu consists of simple yet tasty bites, allowing a future operator ample opportunity to expand the menu and offer locally sourced, freshly produced food. As an additional revenue stream, this hotel has five letting bedrooms, consisting of two twin rooms, two double rooms or a single super-king room, with a mixture of shared and own washing facilities.

Passionate Hotelier Entrepreneur Wanted

This gorgeous pub requires someone who is truly passionate about food, consistency of service and the customer experience. Star Pubs has plans for a major investment at the Tally Ho that will upgrade the entire site, full details coming soon.

Pub Features

  • Rolling Tenancy
  • Letting Rooms
  • Refurbishment Planned
  • Outdoor Trade
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Inside, the pub would benefit from a refresh and we plan a significant investment at The Tally Ho, details to be confirmed. The site is broken down into a bar and separate dining area that is services by the catering kitchen. Letting accommodation consists of two twin rooms, two double rooms or a single super-king room, with a mixture of shared and own washing facilities.

Outside, this attractive site has traditionally Scottish sandstone brick, plenty of parking for guests and a great beer garden with children's play facilities.

Private Accommodation

There is no private accommodation at this site.

Premises Licence Details

Please refer to the Premises Licence for further 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 - 01:00 11:00 - 01:00 12:30 - 00:00

Financials

Annual Rent £
53,750
Estimated Annual FMOP (Licensee Profit) £
57,736
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
676,218
Estimated Annual Barrelage
286

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 £
18,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
7,000
Deposit Amount £
13,438
Rent In Advance £
1,034
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 £
41,657
Estimated Minimum Ingoing Costs £
18,143

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 £
TBC
Estimated Annual Maintenance Compliance Charge £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

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