Neidpath Inn Peebles
27-29 Old Town, Peebles, EH45 8JFAgreement Type: Foundation Tenancy
View details for Neidpath Inn PeeblesNew Deal
White Swan Kelso [Previously Tipsy Ghillie]
11, Woodmarket, Kelso, TD5 7AT
Pub Code: 2303084101
Key Features
- Fantastic Location
- Pub & Cafe
- Catering Kitchen
- Live Sports
Est Min Ingoing Costs: £8,206
Annual Rent: £20,482
More Information
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.
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 front of the pub facing the main square, houses a daytime licensed Coffee Shop/evening Bistro, which is also used for private functions/parties and events in the evenings.
The rear of the pub houses the main Bar, 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.
Both the pub and cafe are well maintained and nicely decorated. The pub is quite traditional whilst the cafe is bright and airy.
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.
The rear of the pub houses the main Bar, 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.
Both the pub and cafe are well maintained and nicely decorated. The pub is quite traditional whilst the cafe is bright and airy.
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.
Private Accommodation
There is a spacious flat with 2 bedrooms and a seperate entrance included.
| 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 |
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:
11, Woodmarket, Kelso, TD5 7AT
![Google map location image of White Swan Kelso [Previously Tipsy Ghillie]](https://maps.googleapis.com/maps/api/staticmap?center=55.598792,-2.432968&zoom=11&size=424x300&scale=2&markers=scale:2|icon:https://www.starpubs.co.uk/-/media/project/starpubs/general/map-pin.png%7C55.598792,-2.432968&key=AIzaSyCmKSPPKj6kUvvVzrtiXFRWwV2VgwocJp4)
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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