Central Bar

415 Great Northern Road, Aberdeen, AB24 2EU

OPPORTUNITY FOR A FIRST TIME PUBLICAN! RENT STEPS AVAILABLE!

The Central Bar is a busy locals Pub in the Aberdeen suburb of Woodside. This is an ideal opportunity to build on the foundations of the current business and help the Pub realise its true potential. The Pub is busy throughout the week as it engages with the local community, with pool and darts teams playing here during the week, as well seeing customers enjoy live sport on TV. This can be improved upon further by organising events and entertainment such as live music at the weekends, or a quiz night during the week. Keeping the events regular and varied will help to build the customer base, as well as maintaining high standards of cleanliness and service. RENT STEPS: Months 1-3 £17,000 Months 4-6 £25,500 Months 7-9 £34,000 Month 10-12 £34,000

Location

Business Information

Annual rent

£34,000

Weekly rent

£654

Entry costs

£31,975

Turnover royalty

n/a

Forecasted Operator Turnover

£292,654

Forecasted Operator Profit (inc machine profit)

£39,344

Forecasted Operator Machine Profit

£5,750

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Average Beer & Cider Discount*

£126

Type of Tie

Partial tie: Tied All Beer, All Cider & Minerals

Agreement

Standard Tenancy Agreement A fixed 5 year term agreement

Entry costs approximately £31,975.00, 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 £15,000 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

£8,500

Fixtures & Fittings

£15,000

Legal Admin Fee

£825

Broker Fee

£0

Stocktaking Fee

£150

Working Capital

£6,000

Other Costs

£1,500

Total Entry Costs

£31,975

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. **Please note trading volumes for year 19/20 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2019/20 152 1 233
2018/19 186 151 77
2017/18 190 291 0

There are two main trading areas with these premises. a public bar with pool table, TV screens, gaming machines and darts, whilst the lounge bar offers a relaxed and comfortable area with TV screens for live sport and live music. Both areas have separate ladies and gents toilet facilities

Trade Bars

Yes

Trade Dining Areas

No

Trade Kitchens

No

Trade Food Covers

0

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

8

Current Premises License Opening Hours

Mon - Sat: 11:00 - 00:00
Sun: 12:30 - 00:00

There is no private accommodation on 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

I am searching for an enthusiastic operator or even a first time publican to engage with the locals and fully benefit from this great traditional Pub. The lounge is recently refurbished and offers a relaxing setting, The new operator will need to utilise entertainment and live sports to be successful here, If this sounds like you, then please contact our recruitment team for further information.

Billy Guthrie, Business Development Manager

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