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Woods Glasgow
29, Waterloo Street, Glasgow, G2 6BZ
Pub Code: 0080013101
Key Features
- City Centre
- Food Opportunity
- Spacious trading area
- Function Space and courtyard
Est Min Ingoing Costs: £14,295
Annual Rent: £54,310
More Information
The Woods is in a prime location on Waterloo Street in Glasgow city centre. Surrounded by offices and local businesses there is a great opportunity for an experienced operator to make this the place to be in Glasgow.
The pub is contemporary and spacious and benefits from large windows at the front that flood the space with light during the day and allow people to see inside. The pub provides the main bar at ground level and the large function room, kitchen and toilets at basement level. The focal point is the central bar and the catering kitchen has the ability offer an extensive menu for business breakfasts, lunches and early evening meals. The pub is adaptable and can be used more as a circuit pub at night.
Glasgow City Centre sites do not come up often! If you're an experienced operator that wants to take The Woods to the next level, talk to us. Interest is high already so apply now.
The pub is contemporary and spacious and benefits from large windows at the front that flood the space with light during the day and allow people to see inside. The pub provides the main bar at ground level and the large function room, kitchen and toilets at basement level. The focal point is the central bar and the catering kitchen has the ability offer an extensive menu for business breakfasts, lunches and early evening meals. The pub is adaptable and can be used more as a circuit pub at night.
Glasgow City Centre sites do not come up often! If you're an experienced operator that wants to take The Woods to the next level, talk to us. Interest is high already so apply now.
Trading Area & Facilities
The Woods is contemporary and spacious and benefits from large windows at the front that flood the space with light during the day and allow people to see inside. The pub cover the ground floor and basement level. The focal point is the central bar and the catering kitchen can offer an extensive menu for business breakfasts, lunches and early evenings, the pub is adaptable and can be used more as a circuit pub at night.
Downstairs there is a basement with more rooms for covers and space for events & functions. Dumb waiters service both floors.
There is also a partially covered outside courtyard at the back of The Woods.
Downstairs there is a basement with more rooms for covers and space for events & functions. Dumb waiters service both floors.
There is also a partially covered outside courtyard at the back of The Woods.
Private Accommodation
There is no private accommodation
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 - 01:00 |
11:00 - 01:00 |
11:00 - 01:00 |
12:30 - 01:00 |
| Annual Rent | £ 54,310 |
| Estimated Tenants Annual Operating Profit | £ 54,308 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 150 |
| Estimated Annual Turnover | £ 773,958 |
| Estimated Annual Barrelage | 250 |
* 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 | £ 30,000 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 7,000 |
| Deposit Amount | £ 13,578 |
| Rent in Advance | £ 1,044 |
| Training Fee | £ 425 |
| Estimated Designated Premises Supervisor / Manager Fee | £ 50 |
| Premises Licence Fee | £ 295 |
| Rates Assessment Fee | £ 55 |
| Estimated Legal Fees | £ 650 |
| Estimated Total Ingoing Costs | £ 53,347 |
| Estimated Minimum Ingoing Costs | £ 14,295 |
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 | £ 2,593 |
| 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
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