Howard Arms Kilmarnock
5/7 Glencairn Sq, Kilmarnock, KA1 4AQAgreement Type: Foundation Tenancy
View details for Howard Arms Kilmarnock
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: £13,364
Annual Rent: £28,371
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.
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with 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 pub’s next chapter…
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.
| Annual Rent | £ 28,371 |
| Estimated Annual Turnover | £ 402,845 |
| Deposit | £ 7,093 |
| Estimated Fixtures & Fittings Value | £ 8,000 |
| Estimated Stock Valuation | £ 7,500 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 26,093 |
| Estimated Minimum Ingoing Costs | £ 13,364 |
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:
3/5, The Cross, Prestwick, KA9 1AJ
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View details for Keystone JohnstoneTo 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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