The Fairway, Rutherglen

The Fairway

Pub details


18 Chapel Street
Rutherglen
G73 1JE

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The Fairway is situated in a residential area just off Main Street, Rutherglen. This two bar operation comprises a public bar with a sizeable function room. The pub is well supported by locals with an emphasis on pub and televised sports. Pool is particularly popular.

The ideal candidate will have a strong local knowledge and ideally be experienced in the licensed trade to managerial level. The pub would benfit from someone who has the skills to develop all local trading opportunies and in particular the ability to build a good function trade.

Estimated Ingoing costs

Fidelity Bond £10,000
Rent in advance (monthly)* £2,500
Stock (estimate)* £4,000
Fixtures and Fittings (estimate)* TBC
Legal fees (estimate) £1,000
Training fees £800
Lease premium N/A
Stamp duty (estimate) N/A
Estimated total* £18,300

*Excluding VAT

Notes

Annual rent £30,000
Rateable value £25,000
Machine Income 50% 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.

Interested?
Call Carol now on 01786 476 221
or fill out an application form