Wally Dug

32 Northumberland Street, Edinburgh, Midlothian, EH3 6LS

Pub overview

Rarely available City Centre bar in Edinburghs New Town.

The Wally Dug is a well known basement bar in the new town. Refurbished fully in 2015, it provides locals and the rugby crowd a great space to chat with friends over the great premium range available.

There is one bar, a rear lounge with a piano, and a snug. The basement area outside can be used for outside drinks. Cellars are in the lower level.

Trade space
Bars 1
Patio areas 1

There is no private accomodation

Private space

Rent information

Annual rent £34,000 per annum
Weekly rent £653.85 per week fixed
Notes

£34,000 per annum, £653.85 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie. (N/A for Scotland)

Entry costs approx £18,450 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, working capital and deposit (25% of head rent, minimum £6,000).

Brokers £675 Legal £825
Deposit £6,000 Stocktaking fees £150
Fixtures & fittings £5,000 Working capital £5,000
Other costs £800 Total entry cost £18,450

Agreement description

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.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2016/17 106 78 87
2015/16 119 31 522
2014/15 121 49 119
Volume notes

Location

Situated in central Edinburgh within the New Town, the Wally Dug sits in a basement position among residential and other commercial properties. There is an excellent demographic in this premium and highly desireable area.

Facilities

Trade bar
Trade patio

Current premises licence opening hours

Monday-Sunday 11:00hrs - 01:00hrs

Contact Us

Elaine Kennedy

Operations Manager

Call us today 01284 714 497

Apply online
“ The Wally Dug is a well known New Town bar, full of character. A one bar operation with no kitchen, it would be an ideal first bar for a great bar manager venturing into their own business, or would suit a quirky wet led operation from an experienced operator. ”