CLOSE TO MURRAYFIELD STADIUM

Centurion

243 St Johns Road, Edinburgh, Midlothian, EH12 7XD

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Pub overview

An excellent wet led pub with sport and entertainment in a busy area of Edinburgh.

The Centurion is a sport led pub with a good quality commercial kitchen catering for the community area of Costorphine in Edinburgh. This pub represents an opportunity for a local operator to develop a business at the heart of the area, offering great value food and drinks combined with a strong focus on televised sport and entertainment. The development of a strong food offer here will be the pathway to success and matchdays at Murrayfield Stadium will be a key opportunity to maximise income and build your reputation.

The Centurion comprises public bar, lounge and commercial kitchen. The pub also has a car park to the rear and a two bedroom owners flat above.

Trade space
Bars 1
Car park spaces 8
Dining rooms 1
Food covers50
Trade kitchens 1

There is a two bedroom flat above the property.

Private space
Private Rooms5
Lounge1
Double bedrooms2
Private Kitchen1
Bathrooms1

Rent information

Annual rent£37,500 per annum
Weekly rent£721.15 per week fixed
Notes

£37,500 per annum, £721.15 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 £39,350 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent).

Brokers£0Legal£825
Deposit£9,375Stocktaking fees£150
Fixtures & fittings£20,000Working capital£5,000
Other costs£4,000Total entry cost£39,350

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

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2018/192803,950
2017/18240193,059
2016/17335512,673
Volume notesPlease note the site is currently free of tie for Wines and Spirits

Location

The pub is situated in Edinburgh in the busy area of Costorphine and sits just off the main road which leads into the city centre. Locally there are other pubs and restaurants, retail businesses and bookmakers. The business is also a short distance from Murrayfield stadium

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Facilities

Trade bar
Car park
Dining area
Trade kitchen

Current premises licence opening hours

Monday to Saturday- 11.00am- 01.00am Sunday- 11.00am- 01.00am

Contact Us

Paul Wishart

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ I am seeking a exceptional operator who can excel at this busy Pub. The Centurion represents an excellent wet led pub in the Costorphine area of Edinburgh with a public bar, a good sized lounge, unused commercial kitchen and a good sized flat above. There is the opportunity to develop a great community pub offering sport, entertainment and great value food and drinks. If you have the skills i am searching for, then please contact our recruitment team for further information ”