Zinfandel
69 Nithsdale Road, Glasgow, G41 2AJ
KNOWN FOR PREMIUM FOOD, LAGERS AND WINE.
Zinfandel, located in the fashionable Strathbungo area of Glasgow South Side is currently a food led site, with the potential to drive stronger wet trade. The pub is well maintained with a quality fit out, following a refurbishment which was completed in 2020. The new operator here should continue with the current great food offer, but grow wet sales via entertainment and community engagement. Zinfandel is divided into two sections; the front bar and dining area and back dining/function area with an open kitchen. The back area provides a great space to host private parties and events as well as take the over spill during busy trading periods
Bar
Function rooms
Kitchen
Patio
Location
Strathbungo in Glasgow’s South Side is a sought-after housing area with plenty of quality housing, pubs, & restaurants.
Business Information
Annual rent
£37,000
Weekly rent
£712
Entry costs
£33,900
Turnover royalty
n/a
Forecasted Operator Turnover
£529,191
Forecasted Operator Profit (inc machine profit)
£36,264
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£144
Type of Tie
Partial tie: Tied All Beer, All Cider & Minerals
Agreement
Standard Tenancy Agreement. A fixed 3 year term
Entry cost is approximately £33900 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 £20000. 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
£20,000
Legal Admin Fee
£850
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£5,000
Other Costs
£1,150
Total Entry Costs
£33,900
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) |
|---|---|---|---|
| 2023 | 58 | 0 | 2,589 |
| 2022 | 76 | 0 | 4,194 |
| 2021 | 49 | 27 | 2,413 |
There is a ground floor bar/diner with first floor dining area at the front of the pub. This is complemented by a low balcony accommodating three booths overlooking the bar. Through a small passage you find a second trading area which is currently used for diners and private events. Externally there is a small seating area to the front accommodating four tables.
Trade Bars
1
Trade Dining Areas
2
Trade Kitchens
1
Trade Food Covers
60
Trade Gardens
0
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
1
Customer Car Park Spaces
0
Current Premises Licence Opening Hours
Sun- Thur: 11:00 - 23:00
Fri- Sat: 11:00- 00:00
There is no accommodation on 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
An experienced, established operator who can complete in this competitive area, where choice and standards are high, is the ideal candidate for this great site. You'll need a catering background and excellent digital marketing skills to take this pub to the next level.
Sandra Donnelly, Business Development Manager
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