Burts Bar, Buckhaven

Burts Bar is located in Buckhaven which is set on the east coast of Fife, Scotland on the Firth of Forth between East Wemyss and Methil near to Wemyss Caves and Largo Bay. This thriving weaving village, fishing port and mining area was reported as having the second-largest fishing fleet in Scotland with a total of 198 boats. Located in the south of the town Burts Bar is surrounded by housing and sits close to the public car park giving access to the shore. This stone built pub is oozing with charm to give that warm inviting feel.

Pub Layout

Accessed via the main street with a separate entrance to the lounge, the horseshoe bar is centrally located between the main bar and the lounge area to serve both areas. Surrounded by fixed and loose seating alongside high stools this open plan bar creates a very sociable area. Booths in the lounge area create privacy yet a cosy area to socialise. Outside to the rear of the building there is a small, enclosed beer garden with bench seating.

Burts Bar is a traditional wet led community local with an exceptionally strong customer base with a core of regular daytime drinkers. The pub utilises its community local feel and champions local sports games such as dominoes, currently having two home teams ensuring one always plays at home. Evening trade is dictated by this activity alongside live music which has proved successful within the community. The main trading area has a mixed drinks offer including, premium and standard lagers along with a varied and extensive range of spirits and minerals. Burts Bar has a strong regular customer base with the opportunity to grow trade ensuring this site is the hub of the local community promoting charity and community based events.

Private Accommodation

The private accommodation is located on the first floor of the pub and can be accessed from the rear of the building. This comprises of three bedrooms, lounge, kitchen and bathroom and has been recently refurbished.

Annual Rent: £5,200 – stepped rent available

£50 per week (net) for 12 weeks

Security Deposit: £1,000

Working Capital: £1,000

Stock: £500

F&F: TBC – Funding options may be 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: £325 plus VAT

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

Admiral Taverns are looking for an experienced strong individual or couple who are willing to embed themselves into this close nit community and deliver outstanding results. Local knowledge with a passion to keep the pub as the popular community hub it currently is would be an advantage. There is an opportunity to encourage a warm welcome, good conversation and a safe space for locals to enjoy time together.

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). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

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.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

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.

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 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.