Pub Overview
REFURBISHMENT PLANNED | Aberdour is a scenic and historic village on the south coast of Fife, Scotland.
The area
The pub benefits from being one of 2 pubs found in an area of around 2,000 adults. The affluent customer base is made up of 25 and overs, with a large 40+ population.
The offer
The Forester’s Arms is available on our foundation tenancy agreement.
Drinks: The pub will offer an extensive range of drinks, including premium lagers, ciders, spirits, wines, some cocktails along with a great range of soft drinks and low & no options. This variety caters to everyone, from regulars enjoying beers to visitors seeking a more premium experience, ensuring the pub appeals to a broad audience.
Food: The food offer will be a crowd pleaser menu, to be defined in more detail by the operator.
Coffee: Coffee can be offered, attracting daytime visitors and non-drinkers, broadening the pub’s appeal.
Events: The pub will offer live sports, music, and pub quizzes.
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 Forester’s Arms will have extensive experience in high street hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their 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
* Foundation Tenancy
* Function Room
* Outdoor Trade
* Private Accommodation
* Catering Kitchen
Trading Area & Facilities
The Forester’s Arms will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
* Main trading area with bar
* Separate dining room
* 30 internal covers
* 30 external covers
* Medium kitchen
* Function room
* SmartDispense
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
Private accommodation consists of 3 bedrooms, a living room, kitchen and a bathroom.
Pub Financials
Estimated Total Ingoing Costs: £45,446
Estimated Minimum Ingoing Costs: £45,446
Annual Rent: £25,782
Estimated Annual Turnover: £419,822
Deposit: £6,446
Estimated Fixtures & Fittings Value: £28,000
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.
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
* Energy Performance Certificate
* Refurbishment Details
#J-18808-Ljbffr