Run a Star Pub - Dog House Leith - Edinburgh

Star Pubs Leased & Tenancy; City of Edinburgh; On-site; GBP 11,000 - 27,000; Full time

Job description

Pub Overview

Previously known for its eclectic style, live music events, and welcoming atmosphere, we are looking for a new operator to put their own stamp on this venue!

This truly is a blank canvas and we welcome all ideas on the name, trading style and concept for this pub in the heart of bustling Leith Walk.

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

The area

Nestled in the heart of Leith, the Dog House has previously traded on its quirky décor and eclectic live entertainment.

The offer

Available on our 3 year foundation tenancy. The potential of this pub lies in developing a well thought through wet-led offer. What drinks would you look to implement in the pub?

How are you going to market the pub to stand out from its competitors?

How will you make sure there is a welcoming atmosphere that will see your customer return time after time?

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

• Outdoor Trade
• Music Venue
• Foundation Tenancy
• Cask Ale

Trading Area & Facilities

Trading areas and facilities

This is an easy to run, single bar operation.

It has 120 internal covers and up to 20 external covers on the pavement, when the sun is shining!

The pub has no catering kitchen, so there is no opportunity to do food.

Private Accommodation

The pub has no private accommodation.

Pub Financials

Estimated Total Ingoing Costs: £26,003

Estimated Minimum Ingoing Costs: £11,001

Annual Rent: £30,013

Estimated Annual Turnover: £366,874

Deposit: £7,503

Estimated Fixtures & Fittings Value: £10,000

Estimated Stock Valuation: £5,000

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