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Cyprus Inn, Bridge of Earn

PH2 9AB

Your investment

£10,000

Agreement Type

Tenancy

Traditional village pub with letting rooms and fantastic beer garden! Located just off the main street this corner site has very traditional aesthetics, with a well-maintained stone exterior and beer garden, it grabs your attention, and will attract plenty of passing trade. The beer garden to the rear is the perfect place to stop off and to recharge.

Traditional village pub with letting rooms and fantastic beer garden! Located just off the main street this corner site has very traditional aesthetics, with a well-maintained stone exterior and beer garden, it grabs your attention, and will attract plenty of passing trade. The beer garden to the rear is the perfect place to stop off and to recharge. It has a traditional feel and is well maintained. Split into two distinct trading areas, allows the operator to drive two revenue streams, coupled with the rooms, this ticks all the boxes for your dream Scottish inn!  A few miles out of town is a whiskey distillery, with tours available and the breath-taking scenery and Tay river are on your doorstep. This is the perfect stopover for travellers exploring Scotland. Locally with 10 miles, hugely significant Scottish history sites sit, including an 11th-century abbey ruin, a battlefield that seen Wiliam Wallace, and multiple others. A 20minute drive will have you in the historic town of Perth and the rich Scottish history that it contains. Likewise, 30 minutes in the other direction see you arrive in Dundee, The city of Discovery, with its impressive architecture, rich history in print and links to whiskey there is plenty to explore, not to mention the striking V&A museum that opened in 2019 to critical acclaim. The Cyprus Inn contains all the amenities required for a forward-thinking and driven operator.

Pub Layout

A large rear beer garden/outside dining area grabs your attention on arrival and is a firm favourite with locals and day-trippers alike. Once inside the area has a small bar area, very much the village local, across the hallway lays another fully serviced bar perfect for small parties and gatherings, or pub games like darts/pool etc. Further along the hallway, the restrooms are located and a small kitchen. Entering from the main street the 1st floor contains five bedrooms. This well-presented space has many options for the operator to realise, the bedrooms have two ensuite doubles and one ensuite family room. With a further two doubles sharing a bathroom.  Spacious and clean these are the perfect stop off for travellers holidaying further North. The Jewel in the crown at this site is the generously proportioned beer garden to the rear with benches and covered areas, this well-maintained area has seating for around 80 and is frequently full to capacity.

Trading Wet only just now with some summer BBQ’s done externally, this site is primed to dominate the local hospitality market. It possesses all the key features, All that is lacking from this village pub is a focused and driven operator. This site requires a focused and driven operator or partners. Experience in hospitality will be hugely beneficial, as an understanding of marketing and commercial is key for growth.

Private Accommodation

There is no private accommodation with his site.

Letting Accommodation

This consists of five bedrooms. This well-presented space has many options for the operator to realise, the bedrooms have two ensuite doubles and one ensuite family room. With a further two doubles sharing a bathroom.

Annual Rent: £18,250

Security Deposit: £5,000

Working Capital: £3,000

Stock: £2,000

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: £325 plus VAT

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

The ideal candidate would have a village pub experience, a driver to grow food sales and the skills to market the offer and rooms to a larger audience. A focus on community is a must, Nestled in a small village, The Cyprus Inn should be the focal point of local events and celebrations, An operator that can come in and engage with the locals and drive such events would be advantageous.

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.

Service Charge Cost – £28.01 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.


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