Square Bar & Kitchen

35 James Square, Crieff, PH7 3EY

A PUB WITH A PREMIUM OFFER

Square Bar & Kitchen is a pub with a premium food and beverage offer. The site focuses mainly on tapas and Asian style food as well as premium spirits, cocktails and world beers. The site trades at a sales mix of approximately 70/30 in favour of wet sales. A focus on the continuation of a premium offer is encouraged although the food offer could be changed and improved upon. Maintaining a regular calendar of events and entertainment, excellent standards of service and quality produce will also be important to achieving success. Square Bar & Kitchen appeals to a wide range of customer so a flexible approach to the offer will be important.

Location

Crieff is a Scottish market town in Perth and Kinross. It lies on the A85 road between Perth and Crianlarich, and the A822 between Greenloaning and Aberfeldy. Crieff has become a hub for tourism, famous for its whisky and history of cattle droving. Square Bar & Kitchen is located in the centre of town, surrounded by various cafes, restaurants and pubs, as well as many local shops and businesses.

Business Information

Annual rent

£32,500

Weekly rent

£625

Entry costs

£17,650

Turnover royalty

n/a

Forecasted Operator Turnover

£357,559

Forecasted Operator Profit (inc machine profit)

£33,756

Forecasted Operator Machine Profit

£1,500

Average Beer & Cider Discount*

£72

Type of Tie

Partial tie: Tied All Beer, All Cider & Minerals

Agreement

Flexible 1 Year Foundation Agreement

Entry costs approximately £17,650.00, 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 £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

£10,000

Other Costs

£1,150

Total Entry Costs

£17,650

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. **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 90 0 0
2018/19 115 0 0
2017/18 284 0 0

The pub has a small external frontage but is deceptively large internally. The lounge bar is in good condition and offers good seating throughout. Toilets and commercial kitchen are located downstairs as well as the small function lounge

Trade Bars

Yes

Trade Dining Areas

No

Trade Kitchens

Yes

Trade Food Covers

60

Trade Gardens

No

Trade Patio Areas

No

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

Yes

Customer Car Park Spaces

0

Current Premises License Opening Hours

Mon-Wed: 11:00-23:00
Thu-Sat: 11:00-00:30
Sun: 11:00-00:00

There is no private accommodation.

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 seeking an experienced operator who trades in the premium sector and can maintain and improve upon the current offer. A focus on outstanding service and quality products will be key to your success. If this is a business that excites you, then please contact the recruitment team for further information

Billy Guthrie, Business Development Manager

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