Run a Star Pub - Jack Snipe Cumbernauld - Glasgow

Job Details

Pub Overview

Coming soon - Established community pub!

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.

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

The area

The Jack snipe is located in the town of Cumbernauld and benefits from being one of only 2 pubs found in a densely populated residential area with approximately 2800 adults. Its customer base spans a broad age range, attracting everyone from young adults to retirees.

The offer

Available on our Foundation Tenancy. Click here for more information on this agreement . The potential of this pub lies in maintaining a competitive Wet led offer. What drinks would you look to implement in the pub?
The site currently has the ability to drive trade via pub games such as darts, live entertainment and private functions. It offers a selection of popular beers, ciders, wines and spirits.

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

Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.

• Understanding of the local community
• You know what it takes to build a successful business
• You love hospitality and are great with 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...

Features

• Coming Soon
  
• Foundation Tenancy
  
• Live Sports
  
• Pub Games
  

Trading Area & Facilities

• Main trading area with bar
• Function room
• Outside trading area
• Car park

Private Accommodation

The pub has no private accommodation.

Pub Financials

Pub Financials Icon
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.

Indicative entry costs range from**:

£10,833 - £25,500

Annual

Estimated Annual Turnover

£282,000

Annual Rent

£16,000

Entry Costs

Deposit
**Deposit build up from 1 month rent

£4,000**

Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available

£12,000**

Stock Valuation

£6,000

Working Capital Required

£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

• Demographics Report Download arrow
• Energy Performance Certificate Download arrow