Town Centre

Osnaburg

23 Osnaburg Street, Forfar, Angus, DD8 2AA

Gallery

(Click to enlarge)

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Pub overview

The historic Osnaburg Bar has bags of character and history and needs a new operator!

The BEST local in town, this good sized bar and lounge is in pristine condition since the site was refurbished to a high standard in 2017. This is a fantastic opportunity for the right operator to increase sales and profit, within a traditional pub, with heaps of history which is in need of someone to ensure the Oz continues to offer the warm welcome it is famous for. Planning a wide range of events, invigorating the current food and drink offers, whilst providing an unrivalled level of service and standards will be your path to success.
The Osnaburg is a traditional gathering and meeting place appealing to variety of people from all walks of life. If you have what it takes to run your own successful pub business, we want to hear from you now!

The main bar underwent refurbishment a few years ago and provides a good sized space for offering cask ales, premium lagers, beers and cider. The lounge bar/dining area can accommodate up to thirty five people for bar meals, although the bar has adequate space for bar lunches.

Trade space
Bars 2
Dining rooms 2
Food covers60
Trade kitchens 1

No private accommodation available.

Private space

Rent information

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

£25,000 per annum, £480.77 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.

Approx £10,270.00 which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, rent in advance, training fees, working capital and deposit (minimum £6,000, but should build to 25% of head rent). *Fixtures and fittings valuation to be confirmed.*

Brokers£0Legal£825
Deposit£6,000Stocktaking fees£150
Fixtures & fittings£0Working capital£2,000
Other costs£1,295Total entry cost£10,270

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

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2017/182187632,665
2016/172086342,237
2015/161789243,765
Volume notes

Location

Situated in the thriving Angus town of Forfar, the Osnaburg is just off the High Street. Forfar is easily accessible from Dundee and Aberdeen, via the A90. The Angus Farmer's Market takes place every month offering local food to tourists and villagers and the local glens are popular with hill-walkers.

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Facilities

Trade bar
Dining area
Trade kitchen

Current premises licence opening hours

Sunday - Thursday 11:00-00:00 Friday & Satruday 11:00-01:00

Contact Us

Billy Guthrie

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ The historic and charming Osnaburg Bar is the best local in Town and is famous for its warm and friendly welcome. The site is in excellent condition and any new operator has heaps of potential to take the Oz to the next level. I am looking for a community focused operator who can breathe new life into this great Pub. If that person is you, contact the recruitment team for more information ”