6-8 Main Street, Carnock, Fife, KY12 9JQ
This is a well known, award winning food destination site which is highly recommended, offering delicious food served daily as well as outstanding service and competitive prices.
This site has everything - fantastic dining areas, a regulars bar, decked beer garden area with a substantial safe grassed area for children to play, offering a lovely place to spend a summers afternoon enjoying great food and drink in a relaxing safe environment. This village pub also offers 2 bedroom live in accommodation. With a planned full refurbishment, the right operator could take this pub to the next level.
There are two well set out dinning areas with the main entrance from the large car park. There is also a lounge bar and a large decked beer garden with a substantial grassed area.
|Car park spaces||25|
|Child play areas||1|
There is 2 bedroom flat with a living room , kitchen and bathroom.
|Annual rent||£16,000 per annum plus 7.0% Turnover Royalty|
£16,000 per annum, £307.69 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £42,975 which includes fixtures and fittings, 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). **Assisted purchase may be available for the Fixtures and Fittings**
|Fixtures & fittings||£26,000||Working capital||£5,000|
|Other costs||£5,000||Total entry cost||£42,975|
Our Turnover Agreement reflects how your business performs. You pay a fixed rent plus a percentage of your weekly net turnover sales.
• A 5 year, fixed term agreement, contracted out of the Landlord and Tenant Act 1954.
• Basic rent plus a Turnover Royalty percentage.
• Basic rent subject to capped annual changes in the Retail Price Index (RPI) only with no rent reviews.
• Flexible tie variations available.
• Discounted price list unique to the Turnover Agreement.
• Greene King is responsible for the structure of the building.
• Ability to end agreement with 6 months’ notice and payment of a Standard Notice Fee (3 months’ basic rent). Notice can be served
at any time.
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)|
Carnock is within easy reach of the Fife town of Dunfermline, the Old Inn is situated just on the main road with ample car parking