Investment Planned

Carnock Inn

6-8 Main Street, Carnock, Fife, KY12 9JQ

Gallery

(Click to enlarge)

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Pub overview

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.

Trade space
Bars 1
Car park spaces 25
Child play areas 1
Dining rooms 1
Food covers 60
Gardens 1
Trade kitchens 1
Patio areas 1

There is 2 bedroom flat with a living room , kitchen and bathroom.

Private space
Private Rooms 6
Lounge 1
Double bedrooms 2
Private Kitchen 1
Bathrooms 1
Toilets 1

Rent information

Annual rent £16,000 per annum plus 7.0% Turnover Royalty
Notes

£16,000 per annum, £307.69 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie.

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**

Brokers £0 Legal £825
Deposit £6,000 Stocktaking fees £150
Fixtures & fittings £26,000 Working capital £5,000
Other costs £5,000 Total entry cost £42,975

Agreement description

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.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2016/17 121 36
2015/16 113 1 211
2014/15 119 5
Volume notes

Location

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

Facilities

Trade bar
Car park
Play area
Dining area
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

Sunday - Thursday- 11:00 - 00:00 Friday and Saturday- 11:00- 01:00

Contact Us

Paul Wishart

Business Development Manager

Call us today 01284 714 497

Apply online
“ This highly rated, award winning food business is well established in the area, performing consistently for the past 4 years. There is an opportunity to continue this success with great potential to drive and increase wet sales and profit. ”