Star Pubs Leased & Tenancy
Run a Star Pub - Auld Hoose Edinburgh - Edinburgh
Job Location
Edinburgh, United Kingdom
Job Description
Pub Overview
The Auld Hoose is situated in St Leonards, Newington, a thriving part of Edinburgh city centre. This is a densely populated area popular with students and the pub has a good food reputation, especially it's famous nachos.
The pub is well established and well maintained. The current food and drink offer does well and should be retained and built on. The menu features many vegetarian and vegan options and the cask range is extensive.
The pub is quirky and welcoming with well supported quiz nights and getting the atmosphere right is key.
Do you know this part of town well? Newington is like a village within a city and has its own feel that needs to be catered for. The area can be quite seasonal so a USP and fantastic social media output are essential.
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
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
Trading Area & Facilities
The Auld Hoose is a large, one room pub in a traditional Edinburgh tenement block. The pub has great visibility from the street and is well maintained inside and out. Inside, the bar is L shaped and the kitchen is situated at the back of the pub. The pub has high ceilings and large windows and is decorated in a traditional but contemporary style.
Private Accommodation
There is no private accommodation at this pub.
Pub Financials
Pub Financials Icon
Estimated Total Ingoing Costs
£29,172
Estimated Minimum Ingoing Costs
£13,724
Annual Rent
£26,691
Estimated Annual Turnover
£443,821
Deposit
£6,672
Estimated Fixtures & Fittings Value
£11,000
Estimated Stock Valuation
£8,000
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
Location: Edinburgh, GB
Posted Date: 11/29/2024
The Auld Hoose is situated in St Leonards, Newington, a thriving part of Edinburgh city centre. This is a densely populated area popular with students and the pub has a good food reputation, especially it's famous nachos.
The pub is well established and well maintained. The current food and drink offer does well and should be retained and built on. The menu features many vegetarian and vegan options and the cask range is extensive.
The pub is quirky and welcoming with well supported quiz nights and getting the atmosphere right is key.
Do you know this part of town well? Newington is like a village within a city and has its own feel that needs to be catered for. The area can be quite seasonal so a USP and fantastic social media output are essential.
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
- Investment Tenancy
- Catering Kitchen
- Cask Ale
Trading Area & Facilities
The Auld Hoose is a large, one room pub in a traditional Edinburgh tenement block. The pub has great visibility from the street and is well maintained inside and out. Inside, the bar is L shaped and the kitchen is situated at the back of the pub. The pub has high ceilings and large windows and is decorated in a traditional but contemporary style.
Private Accommodation
There is no private accommodation at this pub.
Pub Financials
Pub Financials Icon
Estimated Total Ingoing Costs
£29,172
Estimated Minimum Ingoing Costs
£13,724
Annual Rent
£26,691
Estimated Annual Turnover
£443,821
Deposit
£6,672
Estimated Fixtures & Fittings Value
£11,000
Estimated Stock Valuation
£8,000
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
- Demographics Report Download arrow
- Energy Performance Certificate Download arrow
Location: Edinburgh, GB
Posted Date: 11/29/2024
Contact Information
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