Clydebank, a town in West Dunbartonshire is where you will find The Cleddans bar, located on the busy Kilbowie Road. Surrounded by houses and with the Clyde shopping centre only a few minutes away, this single bar wet – led operation benefits from a substantial amount of passing trade alongside a core regular cliental. Situated on the north bank of the River Clyde it has direct access along the A82 to the M8 to Glasgow alongside direct train and bus connections.
This single bar area benefits from a large trading area served by a long galley bar. To the left and right of the bar there are raised areas adorned with a mixture of fixed and loose seating with an array of furnishings. The room is warm and cosy given its size which makes this area hugely inviting.
Cleddans is a wet only trading operation with a core of local cliental but also caters for a diverse customer base. Cleddans is a community local with the benefit of attracting passing trade. Whilst currently only offering some entertainment and drinks offer, the opportunity to engage with the locals and elaborate on this is vast. The area has a largely diverse audience, however the balance between offers, entertainment and sport income stream will ensure this pub thrives.
There is no private accommodation at this site.
Annual Rent: £18,500
Security Deposit: £5,000
Working Capital: £1,500
F&F: TBC – Funding options may be available for the right licensee
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
This site would benefit from a multi skilled licensee who has the experience of working or running community sites. This is not a site for a first time licensee looking to take their first site. They will need to be outgoing, personable with excellent standards. The ability to market the site to both existing and new customers will be key to its success alongside a great calendar of events to entice trade. The successful licensee will need excellent knowledge of the products on offer and care about building relationships with their customers. The ability to create the right atmosphere at all times will be vital to the success of this site.
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.
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