Rising Sun, Buckhaven
Pub details
11 Sandwell Street
Buckhaven
Fife
KY8 1BY
Situated in the well-populated area near the town centre. Comprising a public bar and separate lounge bar. The Rising Sun benefits from a well appointed smoking area to the rear of the property.
The ideal candidate will be a hands-on experienced manager preferably with local knowledge. Good understanding of community requirements and activities would beneficial.
Estimated Ingoing costs
| Fidelity Bond | £8,000 |
|---|---|
| Rent in advance (monthly)* | £2,737 |
| Stock (estimate)* | £5,000 |
| Fixtures and Fittings (estimate)* | TBC |
| Legal fees (estimate) | £1,000 |
| Training fees | £800 |
| Lease premium | N/A |
| Stamp duty (estimate) | TBC |
| Estimated total* | £17,537 |
*Excluding VAT
Notes
| Annual rent | £32,839 |
|---|---|
| Rateable value | £15,500 |
| 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.
