Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs & Bars. It’s free and puts you under no obligation.
Register
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
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.
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.
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.
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
** 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.
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
* 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
Pub Vacancy Alerts
Want to know more?
To download our no nonsense guide to running your own pub click below.
Download