Eagle Inn, Tillicoultry
Pub details
110 High Street
Tillicoultry
FK13 6DX
Situated on the High Street in Tillicoultry, the Eagle Inn comprises of a public bar, lounge bar and a catering kitchen with a current food offering. In excellent condition throughout, this pub has a regular clientele and a great reputation in the area.
The ideal candidate would have some local knowledge with managerial experience within the trade or have hospitality/leisure industry experience. Individuals with the necessary drive, determination and personality to run their own business will also be considered.
Estimated Ingoing costs
| Fidelity Bond | £10,000 |
|---|---|
| Rent in advance (monthly)* | £1,558 |
| 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* | £17,358 |
*Excluding VAT
Notes
| Annual rent | £18,700 |
|---|---|
| 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.
