Neidpath Inn Peebles
27-29 Old Town, Peebles, EH45 8JFAgreement Type: Foundation Tenancy
View for Neidpath Inn Peebles details11, Woodmarket, Kelso, TD5 7AT
Pub Code: 2303084101
Est Min Ingoing Costs: £8,206
Annual Rent: £20,482
The Tipsy Ghillie is situated on the main square in Kelso, a busy Borders market town.
The front of the pub facing the main square, houses a daytime licensed Coffee Shop/evening Bistro, circa 25 covers which is also used for private functions/parties and events in the evenings.
The rear of the pub houses the main Bar, circa 40 cover), which offers televised sport, pub games, live entertainment at weekends, a wide range of ales and lagers and has the potential to offer good quality bar meals featuring local Borders produce. Entrance to the Bar can be made from the town centre, or from Abbey Row to the rear.
While the population catchment in and around Kelso is around 8,000, the number of people in the town is swelled by visitors to local Borders attractions, racegoers to popular Kelso Racecourse, and other events/activities such as Kelso Civic Week – Common Riding, that take place from Spring to Autumn. The Tipsy Ghillie competes well as a premium local offer in the town centre, as the competition tends to be specialist; hotel, restaurant, brewery/micropub. With a refocused Licensed Coffee Shop/Bistro offer, the introduction of a good daytime food offer and more cask ale choice in the Bar, the pub can grow its existing base of trade.
The catering kitchen at the Tipsy Ghillie is housed between the Coffee Shop and the main Bar. Draught Beer dispense is made through the Smart Dispense system installed in the beer cellar.
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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…
Annual Rent | £ 20,482 |
Estimated Annual Turnover | £ 402,231 |
Deposit | £ 5,120 |
Estimated Fixtures & Fittings Value | £ 9,100 |
Estimated Stock Valuation | £ 3,000 |
Estimated Working Capital | £ 3,500 |
Estimated Total Ingoing Costs | £ 20,720 |
Estimated Minimum Ingoing Costs | £ 8,206 |
11, Woodmarket, Kelso, TD5 7AT
Agreement Type: Foundation Tenancy
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