Pub Overview
Coming Soon! We are currently working up the financials for this site, so all quoted figures are indicative only. We are accepting applications in the meantime so apply today!
The Hazeldene Hotel is a great opportunity near Gretna Green and the Caledonia Park Designer with 11 letting rooms.
The area
The Hazeldene Hotel is located in the town of Gretna, close to Gretna Green. The pub is surrounded by shops, food and retail outlets, and mixed housing. The area is a well-known wedding destination, and the shopping outlet brings in a lot of trade.
Demographics
The pub benefits from being one of 5 pubs found in a 20-minute walk with a customer base made up of tourists. There is also the opportunity for the operator to build trade based on the many tourists passing through Gretna.
The offer
Available on our foundation tenancy agreement. The potential of this pub lies in introducing a well thought through a 70/30 food & drink offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via 11 letting rooms, live entertainment, a selection of pub games, such as pool and darts, and pub games machines. It offers a selection of popular beers, ciders, wines, and spirits, a pub classic menu, and a popular carvery.
The function room has a separate bar to the main bar area.
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 pub will have extensive experience in a community-led hospitality business. They will have a clear vision for their food & drinks menu, a strong marketing plan through social media, and an 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
* Letting Rooms
* Function Room
* Outdoor Trade
* Car Park
* Private Accommodation
Trading Area & Facilities
* Main trading area with bar
* Separate dining room
* 150 internal covers
* 20 external covers
* Medium sized kitchen
* Function room
* 11 letting rooms
* Decking area in the beer garden
* Car park with 15 spaces
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, kitchen, and bathroom.
Pub Financials
Estimated Total Ingoing Costs: £37,780
Estimated Minimum Ingoing Costs: £10,750
Annual Rent: £27,000
Estimated Annual Turnover: £300,000
Deposit: £6,750
Estimated Fixtures & Fittings Value: £22,530
Estimated Stock Valuation: £5,000
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 buildup 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 of £10,000 un-borrowed funds.
Downloads
* Demographics Report Download
* Energy Performance Certificate Download
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