Boyne Hotel, Portsoy

Boyne Hotel

Pub details


2 North High Street
Portsoy
Aberdeenshire
AB45 2PA

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Situated in the heart of the town, the Boyne Hotel is close to parking spaces and the harbour. It consists of a public bar and recently refurbished lounge bar, function room and 12 en-suite bedrooms. There is currently a food operation with the opportunity to develop this further.

The ideal candidate would have managerial experience within the trade or have hospitality/leisure industry experience. Individuals with the necessary drive, determination and personality to run their own business will also be considered.

Estimated Ingoing costs

Fidelity Bond £5,000
Rent in advance (monthly)* £2,333
Stock (estimate)* £4,000
Fixtures and Fittings (estimate)* TBC
Legal fees (estimate) £1,000
Training fees £800
Lease premium N/A
Stamp duty (estimate) TBC
Estimated total* £13,133

*Excluding VAT

Notes

Annual rent £28,000
Rateable value £10,500
Machine Income 100% to the lessee
TUPE Regulations All staff must have existing contracts honoured
Fidelity Bond Refundable at the end of the lease period, subject to conditions.

These figures are for guidance only and do not form part of a contract. Please note, the fidelity bond is repaid with interest. Rent increases by 4% p.a. with a 5 year lease and every 3 years by RPI on a 10 year lease.

Interested?
Call Carol now on 01786 476 221
or fill out an application form