Tannahills

100 Neilston Road, Paisley, PA2 6EN

100% WET LED COMMUNITY LOCAL

Tannahills is a well known local bar known for sports and entertainment. The bar is totally wet led as there is no facility to cook or prepare food at the premises. The new operator should continue the community bar ethos, sports and entertainment but manage cost and work the business themselves. This bar is too small to support a manager. It is important the new operator widens the appeal and accommodates younger clientele and evolves this landmark pub.

Location

Paisley is the largest town in the historic county of Renfrewshire in the west central Lowlands of Scotland and serves as the administrative centre for the Renfrewshire council area. The town is on the northern edge of the Gleniffer Braes, straddling the banks of the White Cart Water, a tributary of the River Clyde. The pub is situated in Neilston Road, Paisley, a busy main road with many shops, restaurants small businesses and housing. The pub is a 10min walk from the main shopping centre with direct links to Glasgow city centre.

Business Information

Annual rent

£20,000

Weekly rent

£385

Entry costs

£24,125

Turnover royalty

n/a

Forecasted Operator Turnover

£294,528

Forecasted Operator Profit (inc machine profit)

£29,015

Forecasted Operator Machine Profit

£1,078

Average Beer & Cider Discount*

£180

Type of Tie

Partial tie: Tied All Beer, All Cider & Minerals

Agreement

Scottish Tenancy Agreement. A fixed 3 year term. Machine income shared 50/50.

Entry cost is approximately £24,125 which includes Fixtures & Fittings at 25% of estimated valuation, stock, glassware, cutlery, crockery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit. Please note Fixtures and Fittings are estimated at approximately £6,000. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period.

Deposit

£6,000

Fixtures & Fittings

£6,000

Legal Admin Fee

£825

Broker Fee

£0

Stocktaking Fee

£150

Working Capital

£10,000

Other Costs

£1,150

Total Entry Costs

£24,125

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 187 11 3,348
2022 200 37 3,743
2021 86 0 1,750

This is a small open plan bar & lounge separated by a central bar in the middle of the room. Named after the old tanneries in Paisley, the bar has a long standing history in the community were generations have met with family and friends to watch sport and catch up over a few drinks.

Trade Bars

1

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

0

Customer Car Park Spaces

0

Current Premises Licence Opening Hours

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

There is no private accommodation at this site.

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

Tannahills would suit a local operator who understands the area, marketplace and competition in the town. Experience of running a community bar would be beneficial as well as being open to developing the current offer to expand the appeal.

Sandra Donnelly, Business Development Manager

Apply for this property

The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.