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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
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.
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
** 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.
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
* 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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