Monteiths

64-65 Shore Street, Gourock, Renfrewshire, PA19 1RF

Pub overview

Popular community local situated on the coastal road leading into Gourock center.

Great opportunity for local operator to run well established community bar, well known for sport and live entertainment

Well maintained bar/lounge dominated by square bar with impressive gantry. Bar has scope to introduce a small kitchen to providing bar food.

Trade space
Bars 1
Food covers 30

No private accommodation with this site.

Private space

Rent information

Annual rent £25,000 per annum
Weekly rent £480.77 per week fixed
Notes

£25,000 per annum, £480.76 + Vat per week paid weekly by direct debit. All terms negotiated on agreement. 3 months rent in advance required on entry.

Entry costs approx. £16,375 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, stocktaking & training fees, working capital and deposit (25% of head rent).

Brokers TBC Legal £825
Deposit £6,250 Stocktaking fees £150
Fixtures & fittings £3,000 Working capital £5,000
Other costs £1,150 Total entry cost £16,375

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)
2016/17 163 927 3,992
2015/16 153 1,931 5,906
2014/15 193 1,306 7,613
Volume notes

Location

Situated on main coastal road from Greenock to Gourock, 5 minutes from ferry terminal linking Dunoon to Gourock.

Facilities

Trade bar

Current premises licence opening hours

11am - 12pm Monday - Wednesday 11am - 1pm Friday & Saturday 12.15 - Midnight Sunday

Contact Us

Sandra Donnelly

Business Development Manager

Call us today 01284 714 497

Apply online
“ Well maintained bar/lounge situated on the main coastal road running from Greenock to Gourock. Established community pub well known for sports and live entertainment. ”