Osnaburg

23 Osnaburg Street, Forfar, DD8 2AA

AN HISTORIC PUB, WITH BAGS OF CHARACTER

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!

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

Business Information

Annual rent

£21,000

Weekly rent

£404

Entry costs

£6,795

Turnover royalty

n/a

Forecasted Operator Turnover

£249,403

Forecasted Operator Profit (inc machine profit)

£21,853

Forecasted Operator Machine Profit

£1,000

Average Beer & Cider Discount*

£144.00

Type of Tie

Partial tie: Tied All Beer, All Cider & Minerals

Agreement

Flexible 1 Year Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation. Machine income is shared 50/50.

Entry costs approximately £6,795.00, 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 £3,000. Fixtures and Fitting will be rented with weekly payments made.

Deposit

£3,000

Fixtures & Fittings

£0

Legal Admin Fee

£350

Broker Fee

£0

Stocktaking Fee

£150

Working Capital

£2,000

Other Costs

£1,295

Total Entry Costs

£6,795

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)
2020 72 0 0
2019 145 61 516
2018 177 227 2,809

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 Bars

2

Trade Dining Areas

2

Trade Kitchens

1

Trade Food Covers

60

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 License Opening Hours

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

No private accommodation available.

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

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

Billy Guthrie, Business Development Manager

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