Spateston Inn Johnstone
Hallhill Road, Johnstone, PA5 0SAAgreement Type:
Just Add Talent
View details for Spateston Inn Johnstone
Wee Howff Paisley
Wee Howff Paisley
53, High Street, Paisley, PA1 2AN Pub Code: 2302126101
Pub Code: 2302126101
Foundation TenancyEst Min Ingoing Costs: £13,258
Annual Rent: £27,104
A fantastic little gem of a pub in Paisley that has gone from strength to strength over the years growing a loyal customer base and looking for someone to take it further… we think that’s you!
What would you do with this pub to make it even more of a success?
The area
The Wee Howff is located in the town of Paisley, close to Glasgow. The pub is surrounded by mixed housing.
Paisley has a large and diverse population of over 76,000 people, making it the fifth-largest town in Scotland.
This means that you can attract a wide range of customers to your pub, from locals to tourists, from students to professionals, from families to friends. Paisley has a strong sense of community and pride, with many events and festivals that celebrate its culture and heritage. For example, the annual Paisley Halloween Festival is one of the largest in the UK, attracting over 41,000 people in 2019. You can join in the festivities by hosting themed nights, live music, or special offers at your pub.
The pub benefits from being one of 139 pubs found in an area of around 6130 adults. The low affluent customer base is between the ages of 35-44 with opportunities to attract other age groups.
The offer
Available on our Three Year fixed term Foundation Tenancy, Click here for more information on this agreement. The potential of this pub lies in introducing a competitive entertainment wet-led offer. What drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live entertainment, pub games machines and. It offers a selection of popular beers, ciders, wines and spirits.
We’re always open to new ideas, what would you do to drive trade?
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
- Main trading area with bar
- Pub games
Private Accommodation
The pub has no private accommodation.
Estimated Total Ingoing Costs
£23,776
Estimated Minimum Ingoing Costs
£13,258
Annual Rent
£27,104
Estimated Annual Turnover
£328,144
Deposit
£6,776
Estimated Fixtures & Fittings Value
£6,000
Estimated Stock Valuation
£7,500
Estimated Working Capital
£3,500
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:
53, High Street, Paisley, PA1 2AN
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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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