Blane Valley Inn, Blanefield
Pub details
54 Glasgow Road
Blanefield
Glasgow
G63 3BP
Situated in the heart of the villages of Strathblane and Blanefield, the Blane Valley Inn comprises a lounge bar, catering kitchen, beer garden and car park. Lessee accommodation is also available.
The ideal candidate will have an outgoing personality with a willingness to immerse themselves fully in village activities. 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)* | £2,670 |
| Stock (estimate)* | £3,500 |
| Fixtures and Fittings (estimate)* | £3,208 |
| Legal fees (estimate) | £1,500 |
| Training fees | £800 |
| Lease premium | N/A |
| Stamp duty (estimate) | £2,495 |
| Estimated total* | £24,173 |
*Excluding VAT
Notes
| Annual rent | £32,045 |
|---|---|
| Rateable value | £14,400 |
| 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.
