Barleycorn, Hamilton

Barleycorn

Pub details


3 Lower Waters Road
Hamilton
ML3 7QN

The Barleycorn is a large pub in a high profile main road location. Comprising a spacious public bar with adjacent lounge and kitchen facility on the ground floor, the pub also benefits from a function suite on the first floor. There is a steady daytime trade and a lively weekend crowd, with an emphasis on community style entertainment and sports.

The ideal candidate will have a strong local knowledge and experience within the pub trade, preferably to managerial level and a catering background is advantageous.

Estimated Ingoing costs

Fidelity Bond £6,000
Rent in advance (monthly)* £2,250
Stock (estimate)* £3,000
Fixtures and Fittings (estimate)* TBC
Legal fees (estimate) £1,000
Training fees £800
Lease premium N/A
Stamp duty (estimate) N/A
Estimated total* £13,050

*Excluding VAT

Notes

Annual rent £27,000
Rateable value TBC
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.