Queens Hotel
9 Allardice Street, Stonehaven, AB39 2BS
A COSTAL PUB WITH LETTING ROOMS
The Queens Hotel, located in the coastal town of Stonehaven is currently a wet led pub with letting rooms, however there is a fully functioning kitchen available to use for you to start building a good food proposition. This pub would ideally suit a couple with some food and trade experience although someone with management experience could do well here. There is an opportunity to Introduce a mainstream pub food offer or something else a bit different could work such as small plates or tapas. Planned events/entertainment whilst engaging with the local community are all important areas to be developed. Showing live sport has been a feature at this site and should be continued.
Bar
Dining areas
Kitchen
Location
Stonehaven is a coastal town in Scotland. It lies on Scotland's northeast coast and is approximately thirty miles from Aberdeen. Stonehaven has a number of tourist attractions, including the golf club, outdoor swimming pool and Dunotter castle.
Business Information
Annual rent
£26,000
Weekly rent
£500
Entry costs
£15,150
Turnover royalty
n/a
Forecasted Operator Turnover
£353,334
Forecasted Operator Profit (inc machine profit)
£35,015
Forecasted Operator Machine Profit
£3,250
Average Beer & Cider Discount*
£144
Type of Tie
Partial tie: Tied All Beer, All Cider & Minerals
Agreement
1 Year Foundation Agreement. Machine income shared 50/50. The rent will be stepped for the first 3 months with the head rent totalling £13,000 for months 1-3 before stepping to the full rent of £26,000.
Entry costs approximately £15,150 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
£7,500
Other Costs
£1,150
Total Entry Costs
£15,150
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 | 108 | 21 | 3,039 |
| 2022 | 130 | 307 | 4,188 |
| 2021 | 68 | 352 | 1,691 |
There is a small public bar with larger lounge area, both served by the same service area. There is a fully functional catering kitchen which is currently unused and 8 rooms to let.
Trade Bars
1
Trade Dining Areas
1
Trade Kitchens
1
Trade Food Covers
50
Trade Gardens
0
Trade Patio Areas
0
Trade Rooms to Let
8
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
0
Current Premises Licence Opening Hours
Mon-Sun: 11:00-01:00
The accommodation comprises 2 bedrooms, kitchen, lounge, dining room, bathroom and toilet.
Private Rooms
7
Lounge
1
Dining Rooms
1
Double Bedrooms
2
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
1
Offices
0
Bedsits
0
I am seeking an operator who has a passion and desire to operate a great pub business with an opportunity to develop a great pub food offer whilst benefiting from 8 letting rooms. They will need to be able to drive food, drink and room sales whilst creating a positive presence on social media. This would suit an experienced operator or couple who can deliver a great offer and service to the local market.
Billy Guthrie, Business Development Manager
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