251 Main Street, Rutherglen, Lanarkshire, G73 2HN
A jewel in the crown, this local community pub is a popular gathering place for Rutherglen & Glasgow residents looking for a quality establishment to enjoy football, entertainment and good company.
Rare opportunity for an experience publican to take over an already established and profitable business in Rutherglen main street. A good knowledge of the area is crucial with a passion for sports (especially football), customer service and delivery of quality drinks.
Two storey property with public bar on the ground floor. This area is accessed by two doors, one to the right and one to the left of the property. The bar consists of a long service bar stretching almost the entire length of the property, small snug area (open plan) with the remainder of the bar loose seating. The upstairs room has not been used for many years and remains unfurnished, but could provide an opportunity to expand in the future
Their is no private accommodation at this property
|Annual rent||£32,180 per annum|
|Weekly rent||£618.85 per week fixed|
£32,180 per annum, £618.85 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Other costs include mandatory training, purchase of stock, glassware, optics & gas on site. Entry costs approx £33,005 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, stocktaking fees, training fees, working capital and deposit.
|Fixtures & fittings||£10,985||Working capital||£10,000|
|Other costs||£3,000||Total entry cost||£33,005|
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)|
|Volume notes||Current MAT barrelage 463.83brls. No minerals figures available as recent agreements have been free of tie for minerals.|
Situated on Main Street in Rutherglen, Chapmans is a local landmark with its distinct green signage taking up the whole corner on this busy main street. Rutherglen shopping centre, independent shops, bars and restaurants populate this popular trading area serviced by Rutherglen Railway station and numerous bus links into Glasgow City Centre.