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Woodend Bar Glasgow

129, Hamilton Road, Mount Vernon, Glasgow, G32 9QW

Pub Code: 0080195101

Key Features

  • Great trade in functions
  • Beer Garden
  • Kitchen
  • Car Park

Est Min Ingoing Costs: £11,227

Annual Rent: £32,103

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More Information

The Woodend Bar is situated in the Mount Vernon area in the east end of Glasgow on the Hamilton Road.
The pub is well maintained and does a great trade in functions, catering especially for funerals due to it's proximity to the local cemetary. The function trade is key to the success of the Woodend but it does have lots more to offer including a great outside space, car park, kitchen and a large trading area although the pub could do with a refreshed decor to bring it more up to date.

  • Business Start Up Agreement

  • Catering Kitchen

  • Function Room

  • Car Park

Trading Area & Facilities

The pub has a large ground floor trading area with the bar being the focal point. The area is zoned for drinking, eating and functions and is very adaptable. The Woodend is nicely maintained but the decor would benefit from a refresh. There is a kitchen on site to support the food offer.

Externally the pub has a large beer garden and a car park and again, is well maintained.

Private Accommodation

There is no private accommodation on site.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 -
00:00
11:00 -
00:00
11:00 -
00:00
11:00 -
00:00
11:00 -
00:00
11:00 -
00:00
11:00 -
00:00

Annual Rent £
32,103
Estimated Tenants Annual Operating Profit £
35,101
Representative HEINEKEN UK Brand Discount Per Barrel £
175
Estimated Annual Turnover £
452,117
Estimated Annual Barrelage
178
* 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

Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
12,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
8,026
Rent in Advance £
617
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
180
Premises Licence Fee £
50
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
28,523
Estimated Minimum Ingoing Costs £
11,227
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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
931
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

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