Foxton Bar & Grill

Foxton Drive, Glenrothes, Fife, KY7 4UZ

Pub overview

Excellent food business with scope to develop strong local community trade.

The Foxton Bar & Grill opened in October 2012 following an extensive refurbishment of the building. The trade is split c60/40, wet/food. The pub attracts a mixed customer base over the various trading hours. Families are well catered for, while couples and others also feel welcome in the very comfortable surroundings. Occasional "live" entertainment is on offer on Friday and Saturday evenings and this in turn attracts a further type of customer base.

A large back to back bar serves both trading areas in the unit.

Trade space
Bars 1
Car park spaces 30
Dining rooms 3
Food covers 100
Gardens 1
Trade kitchens 1
Patio areas 1

No private accommodation.

Private space

Rent information

Annual rent £30,000 per annum
Weekly rent £576.92 per week fixed
Notes

£30,000 per annum, £576.92 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit

Entry costs approx £33,275 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 & Fittings amount is estimated as final figure is to be valued.

Brokers TBC Legal £825
Deposit £7,500 Stocktaking fees £150
Fixtures & fittings £20,000 Working capital £4,000
Other costs £800 Total entry cost £33,275

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

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2016/17 98
2015/16 127
2014/15 127
Volume notes This site was free of tie on Minerals

Location

Located in the South East of Glenrothes, The Foxton Bar & Grill shares the car park with users of the nearby woodland walk. There is substantial private housing along with local authority housing all within a 5 to 10 minute walk from the pub.

Facilities

Trade bar
Car park
Dining area
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

Sunday to Thursday 10:00 - 00:00 Friday & Saturday 10:00 - 01:00

Contact Us

Paul Wishart

Business Development Manager

Call us today 01284 714 497

Apply online
“ The Foxton Bar & Grill is a public house located in the South East area of Glenrothes. The successful tenant will have experience in running a busy food operation and be able to demonstrate sound financial knowledge in this style of business. A "hands on" operator would be a significant advantage to drive the business onwards and upwards. ”