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Maryburgh Inn, Fort William

Fort William, PH33 6AT

Your investment

£6,000

Agreement Type

Tenancy

AMAZING START-UP OFFER!!!!!

  • Initial start up rent £25 per week (net) for 8 weeks
  • £500 towards your first trade order
  • Free of tie on wines, spirits and minerals
  • Low security deposit £3,000 with build up option available

The Maryburgh Inn is located in Fort William, a town in the Scottish Highlands. Fort William is a major tourist centre on the road to the isles, with Glen Coe to the south and Ben Nevis to the east.  Fort William is a centre for hillwalking and climbing but is also known for its nearby downhill mountain bike track and is popular with tourists due to its close proximity to Ben Nevis. With a population of approximately 10,459, Fort William is the second largest settlement, behind the city of Inverness and is located on the A82 with links to the M8 towards Glasgow. The West Highland line also passes through Fort William providing excellent train links in what can be known as difficult terrain.

Pub Layout

Upon entrance from the main street you head downstairs to a basement bar area. This area is complete with a light up flower wall, brightening up the stone walls and enticing you to what’s in store from the bar areas. Turning right into the main bar, you are greeted by a huge well, centred in front of the bar. This is a beautiful centre piece to the room, it can be used as a table and is lit up inside providing ambiance and a focal meeting point. The galley style bar lines the length of the back wall and is stocked with premium products with a small DJ booth at the end. Alongside the main room there is another room complete with a pool table, benched seating and the toilets. Neon signs and Tv’s adorn the walls in this room highlighting upcoming events and creating the vibe for the pub.

The Maryburgh Inn is a popular town centre local offering an excellent range of  premium products and an extensive range of spirits and minerals. Predominantly wet led, the Maryburgh Inn has a strong customer base with a core of regular late night drinkers where trade is dictated by activity such as karaoke events, themed evenings, open mic evenings and drink offers which have proven successful within the community. It has scope to develop these events further introduce team sports, promote televised sports and possible live music increasing weekly trade with marketing and social media essential in maximising the footfall.

 

Private Accommodation

There is no private accommodation at this site.

Annual Rent: £16,000 – Start up rent available

 £25 per week (net) for 8 weeks 

Security Deposit: £3,000 – with build up option available

Working Capital: £1,500

Stock: £1,500

Fixtures and Fittings: To be confirmed upon valuation –  funding options may be available for the right licensee.

Tie: Free of tie on wines, spirits and minerals – Tie release fee applicable

Training: £325 plus VAT

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

 

Admiral Taverns are looking for an experienced licensee who have local knowledge and have run town centre establishments previously. The applicants must have the passion and knowledge of running a successful business and are who are cheerful and sociable and are willing to build a great rapport with the local community. The ability to cater for different groups of people from different age groups and background, continuing to support the current customer base whilst attracting other less frequent users is essential. Marketing and a better and more profitable bar line up alongside excellent retail standards, a calendar of regular sport & entertainment and a good knowledge of the local area will be helpful as the pub is much loved by the regulars and has the scope and location to be the hub of the community and increase footfall..

 

 

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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