243 St Johns Road, Edinburgh, Midlothian, EH12 7XD
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.
|Car park spaces||8|
There is a two bedroom flat above the property.
|Annual rent||£37,500 per annum|
|Weekly rent||£721.15 per week fixed|
£37,500 per annum, £721.15 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approximately £39,350.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is 25% of head rent Fixtures and Fittings are valued at approximately £20,000 and the final valuation will be confirmed on change day. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period
|Fixtures & fittings||£20,000||Working capital||£5,000|
|Other costs||£4,000||Total entry cost||£39,350|
Standard Tenancy Agreement
A fixed 5 year term agreement
•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.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
|Volume notes||Please note the site is currently free of tie for Wines and Spirits|
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
Current premises licence opening hours
Mon - Sat- 11.00 - 01.00 Sun- 11.00 - 01.00
Business Development Manager
Call the Recruitment team on 01284 714 497Apply 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 ”