Lennox Bar

Important Information

• Business information

  Annual rent£30,000

  Additional informationThe annual rent shown (£30,000) takes into consideration a machines supply concession. The annual rent will be £35,100 if you prefer not to have Greene King supply machines to you.

  Weekly rent£577

  Entry costs£14,000

  Turnover royaltyN/A

  Forecasted operator turnover£362,703

  Forecasted Operator Profit (inc machine profit)£36,251

  Forecasted operator machine profit£5,100

  Average Beer & Cider Discount*Preferred

  Type of TiePartial tie: Tied All Beer, All Cider & Minerals

  AgreementScottish Tenancy Agreement. A fixed 3 year term.

  Machine Product AgreementRestricted (50/50 share)

• Entry costs

  Entry cost is approximately £17,875 which includes estimated stock, deposit and working capital. Fixtures and Fitting will be rented with weekly payments made. Any additional costs will be confirmed in your schedule 1 information.

  Deposit£7,500

  Additional InformationN/A

  Estimated Fixtures & Fittings Value£1,500

  Estimated Stock Value£3,000

  Estimated Working Capital£2,000

  Estimated Entry Cost£14,000

• Turnover

  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.

  Year	Beer (Brls)	Wine & Spirit (Ltrs)	Minerals (Ltrs)
  2024	205	N/A	7,681
  2023	212	N/A	8,446
  2022	185	43	6,450

• Trading space

  This is a single room public bar with cellar to the rear of the property all on one level.

• Private accommodation

  There is no accommodation on site