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Flynns Boatyard, Girvan

Girvan, KA26 9HH

Your investment

£10,000

Agreement Type

Tenancy
  • Stunning coastal location
  • Superb beer garden with views over the river
  • Scope for an amazing food offering

Girvan is a fantastic seaside resort on the Ayrshire coast. Girvan is on the main arterial A77 with links to the town of Stranraer (main crossing point for goods and people from Northern Ireland), up to Glasgow/Edinburgh. The road at Flynn’s changes from 2 way traffic at the traffic lights directly outside the site to a one-way system through the town going South. The North route brings the traffic back via the harbour area. It re-joins the 2-way system at the traffic lights outside Flynns (with Flynn’s being on the left). The area still has numerous caravan sites and guesthouses in the outlying areas and will attract seasonal trade. The area also has a community leisure centre, a harbour and a seafront play area which will attract families.

Pub Layout

Flynn’s Boatyard looks amazing following a past refurbishment. From the main street entrance you will enter the public bar area where the bar is directly in front of you. This is a small area which has a mixture of high level poser tables and stools complimented by booth tables which look out onto the huge windows. This room is also home to a pool table and TV’s for televised sports. Both ladies and gents toilets are to the left of the bar. In between the bar and toilets you can go down a few steps which will bring you into the dining area. This room also has a separate entrance from the side of the building on ground level. This area again has a mixture of low level loose table and chairs complimented by seating booths. To the left of the stairs is an entrance to the conservatory, where diners can enjoy meals whilst overlooking the beer garden and river. The kitchen is located to the left of the conservatory providing quick access and service to all areas of the pub. There is a good-sized beer garden which faces west and will get the sun in the afternoon. and faces onto the river. Flynn’s has no carpark, but there is a very large public car park opposite the pub.

Flynn’s boatyard is currently trading on a split of 60/40- wet/dry split. Live televised sports, team sports such as pool play a vital role in weekly footfall alongside fantastic drinks offers. A traditional food menu compliments this however there is great potential at the pub to grow the business by; attracting holidaymakers/caravan revenue, to increase the food offering and maybe introduce Sunday lunches and to catch the high volume of traffic that passes the pub.

Private Accommodation

There is no private accommodation at this site.

 

Annual Rent: £20,000

Security Deposit: £5,000

Working Capital: £3,000

Stock: £2,000

Fixtures and Fittings: To be confirmed upon valuation –  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 local license who understands the area and the community, including its demographics, preferences, and seasonal trends. This knowledge will inform decisions about the pub’s offerings and marketing strategies. While not strictly necessary, kitchen experience would be beneficial for ensuring the success of Flynn’s Boatyard’s food offering. Alternatively, the licensee should have a clear vision for hiring a skilled kitchen manager who can oversee the food operations, ensuring high-quality dishes and efficient kitchen management. The licensee should be proactive, creative, and willing to capitalize on opportunities, be personable, approachable, and actively involved in community events.

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.  Please note, this only applies to pubs marked with an Asterix *


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