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Run a Star Pub - Waverley Hotel Bonnyrigg - Bonnyrigg

Star Pubs Leased & Tenancy

Bonnyrigg

On-site

GBP 38,000 - 55,000

Full time

2 days ago

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An exciting opportunity awaits at a community-focused pub undergoing a significant refurbishment. Located in Bonnyrigg, just outside Edinburgh, this establishment will feature eight letting rooms and a vibrant bar offering a diverse range of drinks and pub favorites. The refurbishment aims to create a welcoming atmosphere with modern décor and improved facilities, enhancing the pub's appeal to both locals and visitors. With a spacious beer garden and regular events like live sports and quiz nights, this pub is set to become a hub for social gatherings. Join this venture and contribute to a thriving community space.

Pub Overview

Exciting refurbishment planned for a great community led pub with eight letting rooms.

The area

We’re investing in transforming the Waverley Hotel in Bonnyrigg, Midlothian, just seven miles from Edinburgh. Located prominently on a main road approaching the centre of Bonnyrigg, and close to Bonnyrigg Rose FC, The Waverley Hotel will offer good quality facilities for both residents and visitors to the area. With new housing developments nearby - younger families are moving in - and over 13,000 people living within a short walk of the pub, the local Customer base is broadening. The pub, once refurbished, will provide an opportunity to create a good quality daytime & evening Bar Food Offer, alongside an exciting range of Drinks. Eight ensuite Letting Bedrooms provide an additional income stream in an area where accommodation is in demand.

The offer

The refurbishment will give the Waverley Hotel a modern, comfortable & welcoming feel, with updated décor and improved lighting. Externally, the refreshed look will boost its kerb appeal. A great value Drinks Offer, with an exciting range of draught beers & ciders, premium spirits & classic wines will be complemented by a selective Menu of Pub Favourites, and regular activities including Televised Sport, Live Entertainment at Weekends, and a Quiz Night. The appeal and opportunity at the Waverley Hotel is enhanced by a spacious Beer Garden with 30+ covers, and the income potential from the eight Letting Bedrooms.

Features

Refurbishment Planned
Letting Rooms
Live Sports
Outdoor Trade
Pub Games
Foundation Tenancy

Trading Area & Facilities

The Waverley Hotel will be undergoing a refurbishment which will cover the interior and exterior of the pub. The pubs trading area and facilities post refurbishment will be:

Main trading area with bar
30 internal covers
50 external covers
8 letting rooms
Beer garden
On street parking
Smart Dispense
Catering Kitchen

Private Accommodation

This pub has no private accommodation.

Pub Financials

Estimated Total Ingoing Costs: £47,746

Estimated Minimum Ingoing Costs: £47,746

Annual Rent: £38,983

Estimated Annual Turnover: £472,412

Deposit: £9,746

Estimated Fixtures & Fittings Value: £27,000

Estimated Stock Valuation: £7,500

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.

Downloads

Demographics Report Download arrow
Energy Performance Certificate Download arrow
Refurbishment Details Download arrow

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