Drouthy Neebors

209 South Street, St Andrews, Fife, KY16 9EF

Pub overview

An opportunity to run a premises in one of the most sought after locations in Scotland, St Andrews is one of the most beautiful towns in the East Coast of Scotland.

The town has a vibrant bar and restaurant scene as well as a host of more traditional pubs and eateries. Drouthy's represents an opportunity to operate and live in one of the most aspirational areas of the country.

The pub consists of a main bar with dining area to the rear and a fully functional commercial kitchen also to the rear. Customer access can be achieved from either the front or rear of the premises. There is also a two bedroom flat above the property.

Trade space
Bars 1
Dining rooms 1
Food covers 40
Trade kitchens 1

There is a two bedroom flat above the property which can be rented out or used by the operator of the business.

Private space
Private Rooms 7
Lounge 1
Double bedrooms 2
Private Kitchen 1
Bathrooms 2

Rent information

Annual rent £29,500.00 per annum
Weekly rent £567.31 per week fixed
Notes

£29,500 per annum, £567.31 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.

Entry costs approx £27,800 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). Fixtures and Fittings still to be valued.

Brokers £675.00 Legal £825.00
Deposit £6,000.00 Stocktaking fees £150.00
Fixtures & fittings £12,000.00 Working capital £2,000.00
Other costs £6,150.00 Total entry cost £27,800.00

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
•50/50 profit split of machines income
•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

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2015/16 145 3 2,723
2014/15 151 7 2,864
2013/14 161 21 1,526
Volume notes

Location

St Andrews is a vibrant golfing, university and tourist town situated in the beautiful East Coast of Scotland. The pub is located on South Street, one of the busiest streets in town with generous footfall all year round.

Facilities

Trade bar
Dining area
Trade kitchen

Current premises licence opening hours

On Sale Hours: 11.00 - 00.00 Sunday to Wednesday 11.00 - 01.00 Thursday - Saturday.

Contact Us

Paul Wishart

Business Development Manager

Call us today 0845 607 5330

Apply online
“ Drouthy's is a well known and busy pub in the historic town of St Andrews. A small and easy to maintain bar with a good commercial kitchen and a two bedroom flat above means this business could suit whether you are a single operator who wants to live and work in a well thought of and aspirational area, or a multiple operator who is looking to develop a presence in a town which is primarily known for golf, tourists and students. ”