Bell

70 Court Street, Haddington, East Lothian, EH41 3AF

Gallery

(Click to enlarge)

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Pub overview

Newly invested town centre bar with food in Haddington

Haddington has a number of local bars and eating establishments however nothing on the scale of the Bell. This is the best pub in town. An experienced operator or multiple operator would thrive in this site. There is a ground floor bar and dining area, upstairs sports bar and brand new kitchen. In addition there are 5 Hotel rooms plus a large 4 bedroomed house.

This is a stunning property, fully invested with brilliant opportunities for an experienced operator. A downstairs bar with dining area, an upstairs sports bar and letting bedrooms make for multiple opportunities.

Trade space
Bars 1
Car park spaces 6
Dining rooms 1
Food covers64
Function rooms 1
Trade kitchens 1
Rooms to let 5
Patio areas 1

A large 4 bedroomed family home is attached to this hotel. On the ground floor there is a large living room, a kitchen and a bedroom, on the first floor are three further bedrooms and bathroom.

Private space
Private Rooms7
Lounge1
Single Bedrooms1
Double bedrooms3
Private Kitchen1
Bathrooms1

Rent information

Annual rent£25,000 per annum
Weekly rent£480.77 per week fixed
Notes

£25,000 per annum, £480.77 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.

Entry costs approx £25,275 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, stocktaking fees, training fees, working capital and deposit (25% of head rent, minimum £6,000). ** Please note other costs are £800 initial training. Fixtures and Fittings amount is 25% of the total amount and the remainder can be paid on our assisted purchase agreement.

Brokers£0Legal£825
Deposit£6,000Stocktaking fees£150
Fixtures & fittings£10,000Working capital£7,500
Other costs£800Total entry cost£25,275

Agreement description

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.

Trading volumes

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2017/181691,7875,720
2016/1719628978
2015/161755321
Volume notesWines and spirits are free of tie at this site.

Location

Haddington has a population of 8500 and is in close proximity to many of the golf courses East Lothian is famous for. The Bell sits just off the main town centre and has a prominent roadside position.

Facilities

Trade bar
Car park
Dining area
Function room
Trade kitchen
Letting rooms
Trade patio

Current premises licence opening hours

On sales:- Monday - Wednesday 11:00 - 23:00 Thursday & Sunday 11:00 - 00:00 Friday & Saturday 11:00 - 01:00

Contact Us

Paul Wishart

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ The location of the Bell made it an ideal site for us to invest in to create a brilliant quality local pub. A full internal restructure alongside modern refurbishment, the addition of a trading kitchen and improvement of exterior areas including full new signage scheme has made it the place to go in Haddington. ”