Brass & Granite

53 Grange Street, Kilmarnock, KA1 2DD

£180,000 REFURBISHMENT PLANNED!

The Brass and Granite in Kilmarnock is a town centre bar that has been shut for a lengthy period of time. We are now planning a rejuvenating refurbishment scheme, which will see the pub brought back to it's best. The bar will be renamed 'Prost Bar & Eatery' and will see the whole internal trade space given a new look and feel. There will be all new (and some refurbished) furniture, lighting, TV positions, darts lane, decoration and bric-a-brac. Externally there will be new signage, hanging baskets/planters and external furniture. This is an exciting opportunity to re launch this once great bar and once again be at the forefront of Kilmarnock night life.

Location

Kilmarnock is a large Town in East Ayrshire, with a population of approximately 46,000. The site is situated in Grange Street Kilmarnock. The bars central location is within easy walking distance from the town's shops, bars, restuarants and situated across the road from the main nightclub. Rugby Park stadium is also within walking distance.

Business Information

Annual rent

£32,000

Weekly rent

£615

Entry costs

£26,125

Turnover royalty

n/a

Forecasted Operator Turnover

£539,113

Forecasted Operator Profit (inc machine profit)

£38,526

Forecasted Operator Machine Profit

£5,000

Average Beer & Cider Discount*

£144

Type of Tie

Partial tie: Tied All Beer, All Cider & Minerals

Agreement

Scottish Tenancy Agreement. A fixed 3 year term. Machine income shared 50/50

Entry cost is approximately £26,125 which includes Fixtures & Fittings at 25% of estimated valuation, stock, glassware, cutlery, crockery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit. Please note Fixtures and Fittings are estimated at approximately £40,000. 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

£8,000

Fixtures & Fittings

£10,000

Legal Admin Fee

£825

Broker Fee

£0

Stocktaking Fee

£150

Working Capital

£6,000

Other Costs

£1,150

Total Entry Costs

£26,125

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. All figures represent products bought from Greene King only. **Please note trading volumes for year 2020 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2023 0 0 0
2022 86 3 466
2021 97 7 591

The Brass and Granite is a single bar operation, with spacious trade area. There are raised seating areas, which are ideal for dining and a pool room, whilst the main trade floor can be adapted to offer room for entertainment. The whole trade area is to be refurbished. The pub lies behind the main shopping streets in Kilmarnock.

Trade Bars

1

Trade Dining Areas

2

Trade Kitchens

1

Trade Food Covers

50

Trade Gardens

0

Trade Patio Areas

0

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

0

Customer Car Park Spaces

0

Current Premises Licence Opening Hours

Sun-Thu: 11:00 - 00:00
Fri-Sat: 11:00-01:00

There is no accommodation on site

Private Rooms

0

Lounge

0

Dining Rooms

0

Double Bedrooms

0

Single Bedrooms

0

Bathrooms

0

Toilets

0

Private Kitchens

0

Offices

0

Bedsits

0

BDM Portrait

I would love to find a dynamic individual or couple who can see and release the potential in this great pub. That person or couple should be experienced, who have local knowledge and who is known locally, to attract customers both old and new. This is an exciting opportunity to build a business from scratch within a newly refurbished bar.

Sandra Donnelly, Business Development Manager

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