Four Mile Inn, Bucksburn
Pub details
Inverurie Road
Bucksburn
AB21 9BB
Situated on the outskirts of Aberdeen, this traditional pub, with public bar, lounge and dining area, is in excellent condition throughout. With a full catering kitchen and extensive seating area, this pub presents an excellent opportunity to expand the food operation.
The ideal candidates will have a strong local knowledge and experience within the pub trade, preferably to managerial level. Individuals who have run their own business within the hospitality and leisure industry will also be considered.
Estimated Ingoing costs
| Fidelity Bond | £10,000 |
|---|---|
| Rent in advance (monthly)* | £3,125 |
| Stock (estimate)* | £5,000 |
| Fixtures and Fittings (estimate)* | TBC |
| Legal fees (estimate) | £1,000 |
| Training fees | £800 |
| Lease premium | TBC |
| Stamp duty (estimate) | TBC |
| Estimated total* | £19,925 |
*Excluding VAT
Notes
| Annual rent | £37,500 |
|---|---|
| Rateable value | £28,500 |
| 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.
