Imperial Bar, Glasgow

The Imperial Bar is located on Howard Street, Glasgow. This places it in a prime spot right on the busy high street, surrounded by local shops and a bustling urban environment. Its proximity to Glasgow’s railway stations and its accessibility via various bus routes make it easily reachable for both locals and visitors alike. As the most populous city in Scotland, Glasgow itself is a city rich in history, known for its vibrant culture, stunning architecture, and famous landmarks. The city’s football rivalry between Rangers and Celtic football clubs adds to its unique identity and passionate community spirit. Given its central location and the vibrant energy of the city, The Imperial Bar has the opportunity to tap into a diverse customer base, including locals looking for a friendly pub experience and tourists eager to immerse themselves in Glasgow’s rich culture.

Pub Layout

From the street you will enter the main bar area of the Imperial Bar. This is a one room operation dominated by the bar on the back wall which is central to the room surrounded by booths alongside some low level loose seating and a seating area of high stools looking out of the windows onto the street. The balance of traditional dark wood and stained glass features against the exposed brick walls and wooden floors creates the shabby chic feel perfectly. The high ceiling with traditional embellishments, exposed columns and huge windows are in-keeping with the area and the building to balance the local pub with a city centre establishment.

The Imperial is a classic, wet-led, community-oriented pub that serves as a hub for its loyal local clientele. Community spirit is a core value at The Imperial with it’s emphasis on providing a wide range of beverages and welcoming atmosphere contributing to the pub’s success. The current retail offer is designed around town centre drinks offers, live sports, and a traditional local vibe, aligning well with the preferences of the locals. However, there’s always room for improvement and growth. Introducing new and exciting drinks offers could help attract even more customers and keep existing ones engaged giving the pub a solid foundation and room for growth.

Private Accommodation

There is no private accommodation at this site.

Annual Rent: £TBC

Security Deposit: £5,000

Working Capital: £2,000

Stock: £3,000

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 seeking an experienced, focussed licensee, who will be able to connect with the locals and visitors to establish the pub within its location. Ideally the new licensee should have knowledge of the surrounding area, have experience of running town centre establishments and have the ability to unlock the untapped growth potential for wet sales and be creative and passionate about local events. A strong marketing plan with extensive social media presence incorporating drinks offers, live music, televised sports, alongside building on the established trade will ensure the Imperial will continue to be the pride of the local community.

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 *