Braided Fig

39 Summer Street, Aberdeen, Aberdeenshire, AB10 1SB

Pub overview

This food led business is already well established for trading within the premium sector in the city Aberdeen. Maintaining the excellent customer service and quality food offer will be most important to the continued success of the business.

The Braided Fig is quite unique with a "Fig Tree" as the centre piece in the main area of the premises. This stunning business has continued to thrive over the last 10 years. The operator must have the capability to retain the high standards and unprecedented customer service with a passion to consistently deliver high quality food.

The Fig is served by one bar.

Trade space
Bars 1
Dining rooms 1
Food covers 60
Trade kitchens 1

There is no private accommodation.

Private space

Rent information

Annual rent £56,000.00 per annum
Weekly rent £1,076.92 per week fixed
Notes

£56,000 per annum, £1,076.93 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.

Entry costs approx £46,140 which includes fixtures and fittings (excluding VAT), stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, working capital and deposit (25% of head rent, minimum £6,000). (Brokers fees not applicable in Scotland).

Brokers TBC Legal £825.00
Deposit £6,000.00 Stocktaking fees £150.00
Fixtures & fittings £25,015.00 Working capital £5,000.00
Other costs £9,150.00 Total entry cost £46,140.00

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

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2015/16 64 14 3,188
2014/15 73 68 2,603
2013/14 92 2,584
Volume notes

Location

The Fig is located in Summer Street which is just off Union Street, Aberdeen's main street through the heart of the City.

Facilities

Trade bar
Dining area
Trade kitchen

Current premises licence opening hours

On sales hours Sunday to Thursday 11:00 - 00:00 Friday & Saturday 11:00 - 01:00

Contact Us

Billy Guthrie

Business Development Manager

Call us today 0845 607 5330

Apply online
“ This is a fantastic, well established business with an opportunity for someone to continue to grow and maximise sales and profit. ”