Auld Brig Tavern
45 Eskside West, Musselburgh, Midlothian, EH21 6RB
Superb local pub overlooking the River Esk in Musselburgh.
The Auld Brig is a really great local pub: friendly and welcoming, with a firmly established local trade. Fully redecorated internally just 2 years ago, it's in great order. The external of the pub was also fully upgraded and benefits from large windows overlooking the river. There kitchen on site is currently not in use but this could be made functioning, and Greene King would discuss a joint investment on this.
The Auld Brig is a one room bar, which is laid out with tables at the front overlooking the street and river, bar stools in the main bar area, then more comfortable lounge type seating in the rear area.
There is no private accomodation
|Annual rent||£19,500 per annum|
|Weekly rent||£375.00 per week fixed|
£19,500 per annum, £375.00 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £15,475 which includes an upfront fixtures and fittings cost, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, stocktaking fees, training fees, working capital and deposit (25% of head rent, minimum £6,000). The remaining amount of Fixtures & Fittings can be paid for with an assisted purchase.
|Fixtures & fittings||£1,500||Working capital||£5,000|
|Other costs||£2,000||Total entry cost||£15,475|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Musselburgh is just 6 miles east of Edinburgh on the east coast. The population is nearly 22000. Queen Margaret University campus is just outside the town. It is a popular commuter town for Edinburgh. Musselburgh Race course is an all year course and the pubs in town benefit on race days.