243 St Johns Road, Edinburgh, Midlothian, EH12 7XD
An excellent, recently refurbished pub business in busy area of Edinburgh.
The Centurion is a sport led pub which has recently been refurbished to a high standard with a good quality commercial kitchen introduced, 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.
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||£41,500 per annum|
|Weekly rent||£798.08 per week fixed|
£41,500 per annum, £798.08 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £43,475 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, minimum £6,000).
|Fixtures & fittings||£27,500||Working capital||£5,000|
|Other costs||£4,000||Total entry cost||£43,475|
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.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
The pub is situated in Edinburgh in the busy area of Costorphine. Locally there are other pubs and restaurants, retail businesses and bookmakers.