Centurion
243 St Johns Road, Edinburgh, EH12 7XD
A REAL COMMUNITY PUB OFFERING A WARM WELCOME.
The Centurion in the Corstorphine area of Edinburgh is a strong wet led business where the publican should be front and centre. The new operator will need to ensure there are strong retailing standards in place, offering great service, pricing and regular entertainment which is aligned to the needs of the community. The Centurion is known locally as a great venue to watch sport on TV, attracting all types of customers who are looking to enjoy a drink, sport on TV or some of the entertainment on offer.
Function rooms
Location
The pub is situated in Edinburgh in the busy area of Costorphine and sits just off the main road which leads into the city centre. Locally there are other pubs and restaurants, retail businesses and bookmakers. The business is also a short distance from Murrayfield stadium.
Business Information
Annual rent
£21,000
Weekly rent
£404
Entry costs
£12,650
Turnover royalty
n/a
Forecasted Operator Turnover
£328,870
Forecasted Operator Profit (inc machine profit)
£24,891
Forecasted Operator Machine Profit
£3,500
Average Beer & Cider Discount*
£180
Type of Tie
Partial tie: Tied All Beer, All Cider & Minerals
Agreement
1 Year Foundation Agreement. Machine income shared 50/50
Entry costs approximately £12,650, 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 £6,000. Fixtures and Fitting will be rented with weekly payments made.
Deposit
£6,000
Fixtures & Fittings
£0
Legal Admin Fee
£350
Broker Fee
£0
Stocktaking Fee
£150
Working Capital
£5,000
Other Costs
£1,150
Total Entry Costs
£12,650
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 2021 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 | 191 | 18 | 2,947 |
| 2022 | 218 | 0 | 3,491 |
| 2021 | 179 | 1 | 2,187 |
The Centurion has separate trading areas, the lounge with booth seating, whilst the bar area offers an array of loose seating. Each area is served by a separate bar.
Trade Bars
2
Trade Dining Areas
0
Trade Kitchens
0
Trade Food Covers
0
Trade Gardens
0
Trade Patio Areas
0
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
1
Customer Car Park Spaces
0
Current Premises Licence Opening Hours
Mon - Sat- 11.00 - 01.00
Sun- 11.00 - 01.00
There is a two bedroom flat above the property.
Private Rooms
4
Lounge
1
Dining Rooms
0
Double Bedrooms
1
Single Bedrooms
0
Bathrooms
1
Toilets
0
Private Kitchens
1
Offices
0
Bedsits
0
I am searching for an owner operator with great local knowledge. They will need to demonstrate a vision for the future of the business and understand what the community needs from the pub. If you'd like to learn more, then please contact the recruitment team for more information.
Colin Lawson, Business Development Manager
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