Central Bar, Prestwick

Central Bar

Pub details


56/58 Main Street
Prestwick
KA9 1NX

Situated on the Main Street in Prestwick, the community pub comprises of both a lounge and public bar with a small smoking area to the rear of the building.

The ideal candidate 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. This pub would benefit from someone keen to build up community based activities.

Estimated Ingoing costs

Fidelity Bond £6,000
Rent in advance (monthly)* £1,442
Stock (estimate)* £4,000
Fixtures and Fittings (estimate)* TBC
Legal fees (estimate) £1,500
Training fees £800
Lease premium N/A
Stamp duty (estimate) N/A
Estimated total* £13,742

*Excluding VAT

Notes

Annual rent £17,306
Rateable value £11,800
Machine Income 75% 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.