Thistle Street Bar
39 Thistle Street, Edinburgh, Midlothian, EH2 1 DY
Fantastic Edinburgh city centre business.
The Thistle Street Bar is a great example of a traditional Scottish pub with the added benefit of being situated in the heart of Edinburgh city centre, with a great drinks offer with cask ales and craft keg products complimented by an extensive range of premium spirits. The small kitchen has enough flexibility to produce some well thought out snacks and the beer garden to the rear has been well thought out as an attraction for customers during the summer months.
The pub comprises main bar with toilets to the rear and also a small kitchen, outside the back of the property is a small beer garden.
The pub has no private accommodation
|Annual rent||£48,000 per annum|
|Weekly rent||£923.08 per week fixed|
£48,000 per annum, £923.07 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £25,775 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000).
|Fixtures & fittings||£10,000||Working capital||£5,000|
|Other costs||£3,800||Total entry cost||£25,775|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•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.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Thistle Street sits just behind the fashionable and affluent area of George Street in Edinburgh and is frequented by a broad ranging clientele.