55

128 Drymen Road, Bearsden, G61 3RB

Recently refurbished popular bar / restaurant now available for lease on busy main street in Bearsden on the outskirts of Glasgow.

This family friendly pub is an open plan bar/diner with intimate restaurant area. This site is renowned for good food and premium wines as well as a welcoming atmosphere and excellent standards. This would be a great opportunity for an experienced operator looking for an established business offering both food and drink.

Location

This family friendly pub is an open plan bar/diner with intimate restaurant area. This site is renowned for good food and premium wines as well as a welcoming atmosphere and excellent standards. This would be a great opportunity for an experienced operator looking for an established business offering both food and drink.

Business Information

Annual rent

£38,200

Weekly rent

£735

Entry costs

£40,525

Turnover royalty

n/a

Forecasted Operator Turnover

£404,369

Forecasted Operator Profit (inc machine profit)

£39,895

Forecasted Operator Machine Profit

£1,700

Average Beer & Cider Discount*

Blended £108.00

Type of Tie

Partial tie: Tied All Beer, All Cider & Minerals

Agreement

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

Entry costs approximately £40,525.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is 25% of head rent. Fixtures and Fittings are valued at approximately £20,000 and the final valuation will be confirmed on change day. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period

Deposit

£9,550

Fixtures & Fittings

£20,000

Legal Admin Fee

£825

Broker Fee

£0

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£5,000

Total Entry Costs

£40,525

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.

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2018/19 191 45 5,905
2017/18 162 36 1,958
2016/17 182 0 0

This site is open plan consisting of front bar/diner and rear restaurant area.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

50

Trade Gardens

No

Trade Patio Areas

No

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

No

Customer Car Park Spaces

0

Current Premises License Opening Hours

Mon - Thu: 11:00 - 00:00
Fri: 11:00 - 01:00
Sat: 11:00 - 23:45
Sin: 12:30 - 00:00

No private accommodation at this site.

Private Rooms

0

Lounge

No

Dining Rooms

0

Double Bedrooms

0

Single Bedrooms

0

Bathrooms

0

Toilets

0

Private Kitchens

0

Offices

0

Bedsits

0

BDM Portrait

Popular high street venue located in Drymen Road, Bearsden. A favourite with the locals, this is a well known meeting place for coffees, lunch, dinner and drinks. This would be a great opportunity for an experienced operator looking for an established business offering both food and drink.

Sandra Donnelly, Business Development Manager

Apply for this property

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