Stag Hotel

21-23 High Street, Moffat, DG10 9HL

MULTI FUNCTIONAL BUSINESS, WITH SEVEN LETTING ROOMS

This well-established hotel business requires a new operator following the retirement of the current tenants. The Stag is a seven bedroom hotel situated in a prominent position at the top end of the high street in the town of Moffat. The hotel is well loved in Moffat with both tourists and locals and boasts a public bar, restaurant and beer garden, with a separate one-bedroom managers flat situated next door. The site is predominately wet led with drink sales providing around sixty four percent of sales. This means there is excellent opportunity to further grow the food business and letting room occupation. A good quality food offer, excellent standards and great service will be essential to the future growth of the Stag Hotel.

Location

Business Information

Annual rent

£18,500

Weekly rent

£356

Entry costs

£8,650

Turnover royalty

n/a

Forecasted Operator Turnover

£323,816

Forecasted Operator Profit (inc machine profit)

£19,026

Forecasted Operator Machine Profit

£1,250

Average Beer & Cider Discount*

£126

Type of Tie

Partial tie: Tied All Beer & All Cider

Agreement

Flexible 1 Year Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation.

Entry costs approximately £8,650.00, 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 £2,000. Fixtures and Fitting will be rented with weekly payments made.

Deposit

£2,000

Fixtures & Fittings

£0

Legal Admin Fee

£350

Broker Fee

£0

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£1,150

Total Entry Costs

£8,650

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 73 2 509
2018/19 121 0 5
2017/18 126 186 32

The Stag Hotel consists of seven letting bedrooms, restaurant, bar/lounge, commercial kitchen and rear beer garden. The bedrooms are located on the first and second floors with all other amenities situated on the ground floor. There is a separate one bedroom managers flat next door to the hotel, which can be used for staff or as an additional letting opportunity. The hotel is within walking distance of all the amenities in town and has on street parking.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

40

Trade Gardens

Yes

Trade Patio Areas

No

Trade Rooms to Let

7

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

No

Customer Car Park Spaces

6

Current Premises License Opening Hours

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

There is a separate managers flat situated next door to the hotel. This comprises of a separate kitchen, double bedroom, lounge and bathroom.

Private Rooms

4

Lounge

Yes

Dining Rooms

0

Double Bedrooms

1

Single Bedrooms

0

Bathrooms

1

Toilets

0

Private Kitchens

1

Offices

0

Bedsits

0

BDM Portrait

I am seeking an experienced operator who knows how to operate a multi-functional business and has a great understanding of the local marketplace. Experience of letting rooms, food and excellent standards of service will be critical to your success. If this is the right opportunity for you, then please contact the recruitment team for more information.

Sandra Donnelly, Business Development Manager

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