10 Kirkton Street, Carluke, Lanarkshire, ML8 4AB
Town centre bar with function room, established food trade and recently refurbished beer garden.
The Kirkton offers the opportunity for an experienced operator to build on the fantastic facilities offered here. A welcoming bar, along with a first floor function room give the opportunity to expand the current level of both drinks and food trade, incorporating new types of business whether from business meetings, new groups using the function room, or the creation of theme nights/party nights/ business clubs etc. The beer garden, refurbished just last summer could be used for events, barbecues, and dining.
On entering the pub you step straight into the bar which is warm & welcoming with tables for dining. To the rear of this bar is the enclosed beer garden. Through a separate entrance, but also accessible from the bar, is the function suite, kitchen and an L shaped room with its own toilets.
There is no private accommodation.
|Annual rent||£24,500 per annum|
|Weekly rent||£471.15 per week fixed|
£24,500 per annum, £471.15 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £34,030 which includes fixtures & fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, stocktaking fees, training fees, working capital and deposit. Other costs represent the cost of stock on site on day of change, plus required first order, plus £800 for mandatory training.
|Fixtures & fittings||£11,000||Working capital||£10,000|
|Other costs||£5,930||Total entry cost||£34,030|
Standard Tenancy Agreement
A fixed 5 year term agreement
• 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||Wines, spirits and minerals are currently free of tie.|
Situated on one of the main roads running through Carluke, just off the high street, the Kirkton is extremely visible.