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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