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YOUR INVESTMENT

£11,000

AGREEMENT TYPE

Five Year Agreement

FACILITIES

Function RoomLive MusicSports TeamsBeer Garden
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Darroch Bar

Gourock, PA19 1RD

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OR CALL 01244 321 171 FOR MORE DETAILS

Situated on a main road in the town centre of Gourock, a town located at the tip of the Clyde estuary approximately 35 miles from Glasgow. The town has a mixed demographic but housing is mainly private. The pub is located on a main through road into Gourock and is highly visible and is only a five minute walk from the main shops and the railway station.

Pub Layout

The pub is open plan and benefits from a fairly large trading area. On entering through the main bar, the bar servery is located to the left of the pub with plenty of mixed and loose seating surround the bar. To the right, there is a raised area which tends to be used for entertainment including live bands. There is also a pool table located in this area. The adequate beer garden / yard is located to the rear of the pub and is a sun trap on those sunny days throughout the summer months. This should be highly visible given there are few pubs in the area with this facility. On the first floor, you will find a large function room with its own bar servery ideal for private parties and events. The ladies and gents toilets are located on the first floor.

The Darroch Bar is a fantastic drinks led pub that is currently catering for locals and music lovers, as it has most recently been specialising in live music over the weekends. This may not necessarily be the plan ahead for the new licensee as they may wish to introduce a sports offer and other forms of entertainment throughout the week to cater for a wider audience within the community. Currently there is no provision for a food offer however there could be a small back bar food offer introduced to the ground and/or first floor.

Private Accommodation

The private accommodation is split over the second and third floors providing plenty of space for a large family. On the second floor you will find a large landing with doors leading to: two large bedrooms, lounge, kitchen and toilet facilities. On the third floor there are three additional good-sized bedrooms, toilet and small kitchen area.

Annual Rent: £16,000

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.

We are looking for a new licensee with heaps of passion to perhaps take the pub in a new direction and make it a more rounded offer appealing to a broader section of the local community through different forms of entertainment and / or sport.  This may involve some value, sports offer but mostly someone driving standards and customer service.  They will also need to make use and drive function business on the first floor. The pub would benefit from a small investment to give it a new breath of life which we would consider with the right licensee.

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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