91 Portland Street, Troon, Ayrshire, KA10 6QN
Well maintained community local with a well established clientele now available to let due to the retirement of the current tenant. This is a popular bar with both locals and tourists providing live sport, entertainment and a good range of real ales. The bar is currently wet led but there is an opportunity to provide a food offer by converting the current office space into a functional kitchen and create a beer garden to the rear of the property where there is already a dedicated smoking shelter.
This well established community local is now on the market and we are looking for a driven, experienced operator to take this site to the next level. An established wet led pub known for sports, entertainment and good range of real ales this site has the facility to add a good size kitchen and beer garden to further enhance the turnover. The property has been well maintained and decorated to a high standard allowing an new tenant to start operating immediately without the need of an immediate investment. There is a good regular clientele which offers the ideal base on which to grow by offering a wider range of drinks & entertainment and possibly the introduction of a small food offer. The property consists of a single lounge bar on the ground floor with ladies & gents toilets, cellar and spirit store/ office.
Single lounge bar on the ground floor with ladies & gents toilets, cellar and spirit store/office. There is a dedicated smoking shelter to the rear of the property.
No private accommodation at this site
|Annual rent||£26,000 per annum|
|Weekly rent||£500.00 per week fixed|
£26,000 per annum, £500 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £21,275 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, stocktaking fees, training fees, schedule of dilapidations, working capital and deposit (25% of head rent, minimum £6,000).
|Fixtures & fittings||£3,500||Working capital||£10,000|
|Other costs||£800||Total entry cost||£21,275|
Standard Tenancy Agreement
A fixed 5 year term agreement with 6 months rolling break option
•Tie - all beer, cider and minerals
•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)|
The pub is situated on the corner of a two storey terrace premises adjacent to the town centre of Troon, a popular sea side resort. Portland street is the main street housing all the main amenities in Troon including many shops, bars and restaurants, the street also leads directly to the beach. Well served by public transport with numerous bus services passing the door of the bar; the train station is approximately a two min walk.