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YOUR INVESTMENT

£11,250

AGREEMENT TYPE

Tenancy

FACILITIES

3+ BedroomsLive MusicSports TeamsBeer Garden
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Back O Hill

Stirling, FK8 1RA

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OR CALL 01244 321 171 FOR MORE DETAILS

The Back o Hill is located in the Raploch estate in the city of Stirling, central Scotland. The city  has a population of around 50,000 and the Raploch estate has approximately 2,500 residents. The estate comprises a few local shops and a community college campus. The pub itself is located at one end of the estate, adjacent to a large Sainsburys and McDonalds. It is a large free-standing building comprising two floors.

Pub Layout

The pub is made up of two trading areas on slight split levels and is all serviced by one main bar located in the heart of the pub and faces the front elevation. Around the bar is the main bar lounge with a mixture of fixed and loose seating and can be accessed by two entry doors. On the lower floor you will find a games area housing a pool table and darts boards and also provides access out onto the newly created beer garden and has proved to be very popular with the locals.

The pub  is a strong  local  community pub mainly serving the estate. The current offer is 100% wet-led at the moment however there is a small room to the back of the bar which could be upgraded to allow a small  food offer, perhaps around the weekend. The Back O Hill also has a loyal darts following and  teams run from the pub. The trade is currently spread quite  evenly through the week and there is scope for entertainment at the weekends.

Private Accommodation

The private accommodation can be accessed through the main bar and is large space in a good decorative order. In brief this comprises: Four bedrooms, Kitchen, Lounge and Bathroom.

Annual Rent: £11,000

Security Deposit: £5,000

Working Capital: £3,000

Stock: £3,000

Fixtures and Fittings: Upon Valuation  – funding options available for the right licensee.

Tie:        All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £250 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

I am looking for a hands-on  operator who works hard and is  able to set up links with the local community. There will need to be a strong front of house presence. However, as it is wet-led it is a relatively straight-forward one-bar operation, there is the possibility of a refurbishment further down the line with the right licensee.  Being a great community pub is the clear aim by forging links with key people  in the sports teams and the local housing estate in general is key to drive in new and old custom.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for   weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

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