Run a Star Pub - Scoonie Tavern - Leven

Pub Overview

Coming soon! We are currently working up the financials for this site, so all quoted figures are indicative only. We are accepting applications in the meantime, so apply today!

Recently benefited from a large investment from Heineken.

What would you do with this pub to make it a success?

The area

The Scoonie Tavern is located in the town of Leven, close to the town centre and a new railway station. The pub is surrounded by mixed housing.

Demographics

The pub benefits from being one of 4 pubs found in an area of around 4,000. The majority of the customer base is made up of adults.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in introducing a 70 / 30 food & drinksoffer. What food & drinks would you look to implement in the pub?

The site currently has the ability to drive trade via live sports and live entertainment. It offers a selection of popular beers, ciders, wines and spirits, coffees, and a pub classic menu.

We’re always open to new ideas, what would you do to drive trade?

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.

The right operator for the pub will have extensive experience in a community led hospitality business. They will have a clear vision for their food & drinks menu, sports offer and entertainment offer and can create a memorable experience for their customers.

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...

Special Offer - unlike standard terms for Foundation Tenancies, we are offering the option to rent the Fixtures & Fittings with three months’ deposit.

Features

• Foundation Tenancy
• Outdoor Trade
• Catering Kitchen

Trading Area & Facilities

Private Accommodation

The pub has no private accommodation.

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

22,012

Estimated Minimum Ingoing Costs

16,337

Annual Rent

34,046

Estimated Annual Turnover

541,332

Deposit

8,512

Estimated Fixtures & Fittings Value

26,000

Estimated Stock Valuation

10,000

Estimated Working Capital

3,500

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Downloads

J-18808-Ljbffr