Gryffe Inn

1-3 Main Street, Bridge-of-Weir, Renfrewshire, PA11 3NR

Pub overview

Local landmark inn now available for lease. Excellent opportunity for talented operator with experience in food, drink and letting rooms. *Reduced rent available for the first year*

Excellent opportunity for talented operator to take on this well established local bar and front a full investment programme taking the Gryffe Inn onto the next level with upgraded facilities and a new offer.

The Gryffe is an old traditional inn situated on the main street in Bridge of Weir with easy access to nearby Glasgow & Paisley. The site has now come available due to the end of the current tenants lease. Earmarked for an extensive refurbishment this is the ideal opportunity for an enthusiastic, self motivated operator with a vision for this wonderful site. The successful candidate will take on initially a standard 5 yr agreement before converting to a turnover agreement post investment.

Trade space
Bars 1
Car park spaces 8
Food covers 30
Gardens 1
Trade kitchens 1
Rooms to let 7

No private accommodation at this site

Private space

Rent information

Annual rent £49,000.00 per annum plus 8.00% Turnover Royalty
Notes

£49,000 per annum, £942.31 per week fixed and subject to annual RPI increase, which is capped. Turnover royalty percentage calculated and charged weekly as long side fixed rent. Paid weekly by direct debit subject to credit check. *Reduced rent of £25,000 for the first year*

Approx £29,943 which includes fixtures and fittings stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, stocktaking fees, rent in advance, training fees, working capital and deposit (minimum £6,000, but should build to 25% of head rent). (Brokers fees not applicable in Scotland).

Brokers TBC Legal £825.00
Deposit £9,325.00 Stocktaking fees £150.00
Fixtures & fittings £10,310.00 Working capital £6,000.00
Other costs £2,883.00 Total entry cost £29,493.00

Agreement description

Our Turnover Agreement reflects how your business performs. You pay a fixed rent plus a percentage of your weekly net turnover sales.
• A 5 year, fixed term agreement, contracted out of the Landlord and Tenant Act 1954.
• Basic rent plus a Turnover Royalty percentage.
• Basic rent subject to capped annual changes in the Retail Price Index (RPI) only with no rent reviews.
• Flexible tie variations available.
• Discounted price list unique to the Turnover Agreement.
• Greene King is responsible for the structure of the building.
• Ability to end agreement with 6 months’ notice and payment of a Standard Notice Fee (3 months’ basic rent). Notice can be served
at any time.

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)
2015/16 211 25 3,117
2014/15 221 1,210 3,554
2013/14 236 1,683 41,354
Volume notes

Location

Situated in Bridge of Weir, this pretty village lies within the Gryffe valley and provides a crossing point for the river Gryffe. The village today serves as a dormitory settlement for nearby Glasgow & Paisley although it contains a commercial centre of its own. The Gryffe Inn is situated on the prominent main road leading to Glasgow & Paisley and the main shopping area. The site also has a rear car park and is within 2mins walk of the village car park in this central spot.

Facilities

Trade bar
Car park
Pub garden
Trade kitchen
Letting rooms

Current premises licence opening hours

On sales licensed hours Sunday to Thursday 11:00 - 00:00 Friday & Saturday 11:00 - 01:00

Contact Us

Sandra Donnelly

Business Development Manager

Call us today 0845 607 5330

Apply online
“ Since the early 1900s The Gryffe Inn has been and continues to be a long standing local landmark. A traditional inn that comprises of a large open plan bar/diner, rear beer garden and front pavement license.The inn also has 7 letting rooms adding another income stream to this busy pub. An approved investment of 150k with signed off scheme awaits the experienced operator looking to run this business. ”