Barleycorn, Hamilton
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.
