111-113 High Street, Linlithgow, West Lothian, EH49 7EJ
Lease Assignment : Well known, well established bar on Linlithgow High Street with 3 Free of Tie cask ale lines allowing for a local cask ale offer.
The Linlithgow Tap is a one bar operation, fully refurbished in 2016 and still in superb order. This is a local pub where a good base of local clientele frequent the business to enjoy the range of beers and cask ales on offer. Weekends centre around sport and entertainment. There is no kitchen on site however a back bar food operation would really benefit the business. In addition to the main bar there is an adjoining lounge area with views out onto the street, and a back room, beautifully laid out and perfect for quiet conversation, board games, or meetings.
*If you are interested in this site, please contact the current Lessee Colin Sinclair direct on 07740 984744 or alternatively you can contact Greene King Recruitment on 01284 714497*
The pub is a one bar operation with adjoining lounge and separate back room
There is no private accomodation
|Annual rent||£23,564 per annum|
|Weekly rent||£453.15 per week fixed|
This business benefits from a lower rent along with a 6% turnover royalty charged weekly in line with the previous weeks turnover.
Other costs are a £35,000 lease premium paid to the current tenant for the business. This includes the cost for the Fixtures & Fittings.
|Fixtures & fittings||£0||Working capital||£0|
|Other costs||£35,000||Total entry cost||£42,145|
Lease Assignment. This lease currently runs till 2023 and a lease extension to the new tenant can be made available as part of the assignment.
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)|
This is a really superb location, right on Linlithgow High Street and within minutes of Linlithgow Palace. The town of Linlithgow benefits from a fantastic demographic, as a commuter town for both Edinburgh and Glasgow. Every year thousands of tourists visit the area also, and a new operator at this premises will be well place to capitalise on this.