Live Sport Venue

Stables

Mount Gerald, Stenhousemuir, Larbert, Stirling, FK5 4XA

Gallery

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Pub overview

An established, community business, with potential for further growth

The Stables is a well known community focused food and drink site, with a bustling public bar where locals debate current issues and trends whilst watching live sport on TV or playing pool. The restaurant/lounge has a reputation for serving great wholesome pub food, with friends and families making it their favourite place to meet, eat and enjoy the friendly atmosphere.
In the local area, the Stables has limited competition and is located in a residential area. Internally the Pub is well presented and welcoming. There is also the additional revenue stream of a function/meeting room, giving the Stables the ability to generate income in various ways

There is a traditional public bar with a pool table, jukebox and TV screens showing live sports. Additionally, there is also a large restaurant/lounge with an additional restaurant/function room adjacent. Externally there is a licenced patio to the rear and the front, with a good size beer garden, children’s play area to the rear. There is also a well sized car park, with spaces for over twenty vehicles

Trade space
Bars 2
Car park spaces 20
Child play areas 1
Dining rooms 1
Food covers80
Function rooms 1
Gardens 1
Trade kitchens 1
Patio areas 1

No private accomodation

Private space

Rent information

Annual rent£48,000 per annum
Weekly rent£923.08 per week fixed
Notes

£48,000.00 per annum, £923.07 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income shared 50/50

Entry costs approx £69,270.00 which includes, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit. Fixtures and Fittings are valued at approximately £45,000.00 and the final valuation will be confirmed on change day. 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

Brokers£0Legal£825
Deposit£12,000Stocktaking fees£150
Fixtures & fittings£45,000Working capital£10,000
Other costs£1,295Total entry cost£69,270

Agreement description

Standard Tenancy Agreement
A fixed 5 year term agreement
• Tie variations available
• Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
• Flexible pricing options available
• Greene King is responsible for the structure of the building
• Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent

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.

Calculators to help you are available on the business planning section of our website.

Trading volumes

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2018/1922666013,046
2017/1822288812,456
2016/172381,11210,820
Volume notes

Location

The premises is located in Larbet, a small but expanding suburb of Stenhousemuir not far off the M9 motorway which links Stirling to Edinburgh.

Stenhousemuir is a Town located in the Central Lowlands of Scotland and lies approximately two miles north west of Falkirk. The town famously was home to the McCowan's toffee factory, the maker of the 'wham' bar

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Facilities

Trade bar
Car park
Play area
Dining area
Function room
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

Mon-Thu: 11:00-00:00 Fri-Sat: 11:00-01:00 Sun: 12:30-00:00

Contact Us

Billy Guthrie

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ I am searching for a community focused operator, looking for a new challenge. This is an established business which operates at the heart of the local community. For the right applicant, we would consider a transformational refurbishment scheme, to provide the platform for further sales growth. If this is the right opportunity for you, then please contact our recruitment team for further information ”