Chapmans

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 £38,000 if you prefer not to have Greene King supply machines to you.

  Weekly rent£577

  Entry costs£18,250

  Turnover royaltyN/A

  Forecasted operator turnover£512,792

  Forecasted Operator Profit (inc machine profit)£37,853

  Forecasted operator machine profit£8,000

  Average Beer & Cider Discount*£180

  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 £23,500 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£3,750

  Estimated Stock Value£4,000

  Estimated Working Capital£3,000

  Estimated Entry Cost£18,250

• 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. All figures represent products bought from Greene King only.

  Year	Beer (Brls)	Wine & Spirit (Ltrs)	Minerals (Ltrs)
  2024	318	N/A	4,840
  2023	283	N/A	2,804
  2022	246	1	2,811

• Trading space

  There is a large bar servery attached to the back wall which provides great vision to the trading area. It is all located on the one floor with toilets at the far end, with a mixture of fixed and loose seating dotted around.

• Private accommodation

  Their is no private accommodation at this property