West End Bar, Wishaw

West End Bar

Pub details


6 Glasgow Road
Wishaw
Lanarkshire
ML2 7PG

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Situated in the well populated town of Wishaw, this one bar operation was refurbished in April 2007 and offers a fresh & welcoming environment. There is strong local interest in pub sports and entertainment is also popular with customers. The pub offers a large screen for live satellite sports and has a pool table. There is an opportunity to develop a small back bar snacks menu.

The ideal candidate will be a community minded individual who has experience in the licensed trade, preferably to managerial level. Good local knowledge would be a distinct advantage and an ability to develop all local trading opportunities is essential.

Estimated Ingoing costs

Fidelity Bond £5,000
Rent in advance (monthly)* £1,203
Stock (estimate)* £2,500
Fixtures and Fittings (estimate)* TBC
Legal fees (estimate) £1,000
Training fees £800
Lease premium N/A
Stamp duty (estimate) N/A
Estimated total* £10,503

*Excluding VAT

Notes

Annual rent £14,500
Rateable value £13,900
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