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Tavern Prestwick

3/5, The Cross, Prestwick, KA9 1AJ

Pub Code: 0080098101

Key Features

  • Good Location
  • Great Outside Trading Space
  • Food Opportunity
  • Recently Refurbished

Est Min Ingoing Costs: £13,069

Annual Rent: £23,880

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More Information

Great Location!
Prestwick is on the Ayrshire Coast and adjoins the larger town Aye. Prestwick Airport is on the outskirts of the town. The Tavern pub was previously known as 7 Saints and is well situated with the train station nearby and a local taxi rank is 200m from the site.

In addition to a seaside location Prestwick boasts two significant golf courses.

The Tavern is a vibrant venue with a reputation for craft draught, premium beers, cocktails and coffee. The food offer is treat, quirky, indulgence with some healthy on trend options. There is a great outside trading area and the venue can be used for special events designed to increase trade.

BDM vision - Rare opportunity to secure a high street venue in walk in condition with relatively low outlay. Great opportunity in a vibrant business with multiple income streams.

  • Business Start Up Agreement

  • Catering Kitchen

  • Car Park

  • Outdoor Trade

Trading Area & Facilities


The Tavern is a one bar operation centred around a theatre kitchen. The decor is cool and contemporary with natural finishes mixed with industrial and splashes of colour to draw the eye. There is a mix of seating that includes high stools, booths and loose tables and chairs.

There is an excellent sheltered beer garden to the rear of the pub, car parking at the rear for 4 cars and off street parking nearby.

The frontage is as eye catching as the interior with large windows to let in lots of light.

Private Accommodation


No Private Accommodation.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
12:00 -
01:00
12:00 -
01:00
12:00 -
01:00
12:00 -
01:00
12:00 -
02:30
12:00 -
02:30
12:00 -
01:00

Annual Rent £
23,880
Estimated Tenants Annual Operating Profit £
24,578
Representative HEINEKEN UK Brand Discount Per Barrel £
190
Estimated Annual Turnover £
342,972
Estimated Annual Barrelage
144
* 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

Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
5,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
8,000
Deposit Amount £
5,970
Rent in Advance £
459
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
21,039
Estimated Minimum Ingoing Costs £
13,069
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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
697
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

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