Pub Overview
In Cadham, Glenrothes, the Stanes sits at the heart of the community, surrounded by essential amenities and residential housing. With nearly 2,000 residents within a 10-minute walk and almost 6,000 within 20 minutes, it's a growing area with a mix of mature households and new housing developments. Competitors are few, with just one other pub nearby.
Appealing to families, sports fans, and groups of friends, the revamped pub offers a straightforward, warm atmosphere. With 98 covers, including 36 dining-friendly spots, and potential outdoor seating, there's plenty of room for different customers. Ideal for experienced operators with knowledge of Fife, the renovation plans focus on creating a modern, inviting space for enjoying live sports, pool, and good food and drinks. From premium lagers to crowd-pleasing meals, The Stanes is on its way to being the local go-to for quality entertainment and hospitality.
The offer
The Stanes is available on our foundation tenancy agreement. When refurbished, The Stanes will offer:
Drinks: An extensive drinks range including premium lagers, craft beers & ales. There will also be a wide range of soft drinks, wines & spirits.
Food: A tempting array of crowd-pleasing dishes carefully crafted to satisfy every palate.
Coffee: Start the day right with a bean-to-cup coffee offering, ensuring a fresh and satisfying brew every time.
Events: A strong rhythm of the week with a full sports package and live entertainment.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the Stanes will likely have experience in similar hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy, and entertainment and sports offer, and can create a memorable experience for their customers. Also, they will understand the local community and have a good knowledge of Fife.
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
* Refurbishment Planned
* Catering Kitchen
* Live Sports
* Music Venue
* Investment Tenancy
* Outdoor Trade
Trading Area & Facilities
The Stanes will be undergoing a refurbishment which will cover the interior and exterior of the pub. The pub's trading area and facilities post-refurbishment will be:
* Main trading area with bar
* Separate dining area
* Games area
* 98 internal covers
* Small catering kitchen
* SmartDispense
* Outside trading to the front of the pub
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Private Accommodation
There is no private accommodation at this site.
Pub Financials
Estimated Total Ingoing Costs: £40,806
Estimated Minimum Ingoing Costs: £40,806
Annual Rent: £28,023
Estimated Annual Turnover: £478,579
Deposit: £7,000
Estimated Fixtures & Fittings Value: £22,800
Estimated Stock Valuation: £7,500
Estimated Working Capital: £3,500
The above figures are provided as a guide only and will be finalized 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 finalized 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
* Energy Performance Certificate
* Refurbishment Details
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