Run a Star Pub - Dug 'n' Duck Glasgow - Glasgow

Job Details

Pub Overview

Well-presented community pub, refurbished just two years ago.

Great discounts & incentives available!

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

The area

The Dug N Duck is located in Millerston, on the outskirts of Glasgow. This is a densely populated area and the pub benefits from high local footfall.

The pub also has lots of passing trade due to its location next to Hogganfield Loch with its nature trails and first rate golf facilities. There are also a couple of hotels nearby, further increasing the opportunity to drive trade.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in developing a value driven 30 / 70 food & drinksoffer.

With a separate dining room that can be used for functions and a new catering kitchen, the pub has everything the incoming operator needs to deliver a fantastic business.

What food & drinks would you look to implement in the pub?

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

• Foundation Tenancy
  
• Live Sports
  
• Pub Games
  
• Catering Kitchen
  
• Music Venue
  
• Outdoor Trade
  
• Car Park
  

Trading Area & Facilities

• Main trading area with bar
• Separate restaurant area
• 60 internal covers
• 20 external covers
• Catering Kitchen
• Smart Dispense
• Beer Garden
• 6 Car Park Spaces

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**:

£15,347 - £40,347

Annual

Estimated Annual Turnover

£358,950

Annual Rent

£22,168

Entry Costs

Deposit
**Deposit build up from 1 month rent

£5,542**

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

£21,305**

Stock Valuation

£10,000

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