Skip to content

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

Apply for this Pub

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.

  • Business Start Up Agreement

  • Catering Kitchen

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.

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

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.
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

Pub Vacancy Alerts

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

Want to know more?

To download our no nonsense guide to running your own pub click below.

Download