Investment Planned

Calderwood Inn

163 Maxwellton Avenue, East Kilbride, Glasgow, Lanarkshire, G74 3DX

Pub overview

Established community pub with excellent potential for growth following planned investment.

Well established community local situated within one of the many housing area's in East Kilbride. A two storey building with an open plan bar area with pool room and kitchen on the ground level and a fully contained function room on the first floor

A two storey building with private car park accommodating 8 cars, this bar comprises of a ground floor open plan bar area with kitchen and first floor self contained function room with private entrance. An investment is planned for this site to expand trading area on the ground floor (possible conservatory) to accommodate diners and full enhancement of all public areas.

Trade space
Bars 2
Car park spaces 8
Dining rooms 1
Food covers 40
Function rooms 1
Trade kitchens 1

No private accommodation at this site

Private space

Rent information

Annual rent £27,000 per annum
Weekly rent £519.23 per week fixed
Notes

£27,000 per annum, £519.23 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.

Entry costs approx £21,725.00 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). (Brokers fee are not applicable in Scotland)

Brokers TBC Legal £825
Deposit £6,750 Stocktaking fees £150
Fixtures & fittings £6,000 Working capital £5,000
Other costs £3,000 Total entry cost £21,725

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
•50/50 profit split of machines income
•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)
2016/17 245 57 2,175
2015/16 268 2,476
2014/15 282 2,745
Volume notes

Location

Pub situated in a built up housing area of East Kilbride. Bordered by through roads to all areas of this small town and Glasgow city centre (8 miles away). Public transport comprises of the East Kilbride bus station located at the shopping centre and the Railway station situated in the village about a 10min walk away. The largest town in South Lanarkshire, this was the first new town built to house the overflow from Glasgow dwellers following the demolishing of the tenements back in the 1960's. Divided into a number of smaller areas bordered by main through roads, part of the new design was that each of these would be a self contained entity with local shops & primary schools.

Facilities

Trade bar
Car park
Dining area
Function room
Trade kitchen

Current premises licence opening hours

Monday - Saturday 11.00 - 00.00 Sunday 12.30 - 00.00

Contact Us

Sandra Donnelly

Business Development Manager

Call us today 01284 714 497

Apply online
“ The Calderwood boasts established trade but there is room for further growth by introducing a food offer, taking advantage of the housing surrounding the pub. An experienced operator would thrive in this pub and would over see the planned investment. ”