Stag Hotel

21-23 High Street, Moffat, Dumfries & Galloway, DG10 9HL

Gallery

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Pub overview

The Stag Hotel offers a fantastic opportunity for an experienced multi faceted operator with all three main income streams in place; Food, Drinks and Accommodation.

This well established hotel business requires a new operator following the retirement of the current tenants.The Stag is a small 7 bedroom hotel situated in a prominent position at the top end of the high street in the town of Moffat. The hotel is well loved in Moffat with both tourists and locals and boasts a public bar, restaurant and beer garden, with a separate one bedroom managers flat situated next door.

The Stag Hotel consists of 7 letting bedrooms, restaurant, bar/lounge, fully fitted kitchen and rear beer garden. The bedrooms are located on the first and second floors with all other amenities situated on the ground floor. There is a separate one bedroom managers flat next door to the hotel, which can be used for staff or as an additional letting opportunity. The hotel is within walking distance of all the amenities in town and has on street parking. The hotel requires some upgrading and an investment would be available via Greene King with the right tenant.

Trade space
Bars 1
Car park spaces 10
Dining rooms 1
Food covers30
Gardens 1
Trade kitchens 1
Rooms to let 7

There is a separate managers flat situated next door to the hotel. This comprises of a separate kitchen, double bedroom, lounge and bathroom.

Private space
Private Rooms4
Lounge1
Double bedrooms1
Private Kitchen1
Bathrooms1

Rent information

Annual rent£20,194 per annum
Weekly rent£388.35 per week fixed
Notes

£20,194 per annum, £388 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.

Entry costs approx £27,775 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, stocktaking fees, training fees, schedule of dilapidations, working capital and deposit (25% of head rent, minimum £6,000). *Please note that F&F is currently advertised at 50%, full cost is approximately £20,000 pending valuation*

Brokers£0Legal£825
Deposit£6,000Stocktaking fees£150
Fixtures & fittings£10,000Working capital£10,000
Other costs£800Total entry cost£27,775

Agreement description

Standard Tenancy Agreement
A fixed 5 year term agreement
•Tie :Beer, Lager, Cider and minerals
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Discount: Blended £72
•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)
2017/1812618632
2016/1715112075
2015/16174145855
Volume notes

Location

Situated in the small town of Moffat in Dumfries and Galloway, this location attracts many tourists all year round both as visitors and walkers in the surrounding hills. The hotel has a prominent location at the top of the high street surrounded by many shops, bars and cafes. The area is a real hub for both tourists and locals alike.

Facilities

Trade bar
Car park
Dining area
Pub garden
Trade kitchen
Letting rooms

Current premises licence opening hours

Sun - Mon - 11:00hrs - 23:00hrs Fri - Sat - 11:00hrs - 00:00hrs

Contact Us

Sandra Donnelly

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ This small hotel has been family run for the past six years and is now available due to the retirement of the current tenant. This site provides the perfect opportunity for an experienced operator to develop this business with its many income streams. We are looking for someone to develop this established business by taking it to the next level. ”