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Pig & Whistle, Glasgow

Glasgow. G5 0NH

Your investment

£9,000

Agreement Type

Tenancy
  • Fantastic community local
  • Established strong, loyal customer base
  • Amazing beer garden

The Pig & Whistle is located in the district parish of Govan, 2.5 miles west of Glasgow city centre on the south bank of the River Clyde. Govan is served by the the local bus service offering frequent routes to and from Glasgow city centre as well as numerous locations in Renfrewshire making the Pig & Whistle easy accessible. Located in an extremely well populated area with an extensive amount of chimney pots surrounding the site, thus ensuring the pub is supported by a loyal audience of locals and passing footfall and making The Pig & Whistle a vital part of this community.

Pub Layout

When entering the pub you are welcomed with a long L shaped room with a mixture of fixed and lose seating alongside bar stools. To the right behind the bar you will find a snug area with fitted seating for the quieter moments. The bar area is decorated in a traditional, yet modern decor giving the room a warm urban feel with TV’s on the walls for all your sporting events. The bar, to the right on entrance is and runs the length of the pub with an excellent display of premium products. The beer garden is accessed at the back of the pub where you will find a courtyard area. This area provides an array of benched seating and a separate smoking solution.

The Pig & Whistle is a true community wet led pub, with an attractive décor and a range of offers; it really does have something for all age ranges. The fully stocked bar offers a range of  lagers, wines, spirits and soft drinks along with nibbles such as crisps and nuts. Surrounded by chimney pots the site is well supported by locals providing a loyal customer base who enjoy the current live sports offer and the amazing outside seating area during the summer months.

Private Accommodation

There is no private accommodation at this site

Annual Rent: £33,000

Security Deposit: £5,000

Working Capital: £2,000

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.

Overall, Admiral Taverns is likely seeking a licensee who is not only experienced in pub management but also passionate about creating a welcoming community atmosphere and driving the business to new heights of success. The licensee should have strong interpersonal skills and be able to engage with the local community effectively and be capable of managing all aspects of the pub’s operations, including staffing, inventory management, and financial administration who can drive the business forward and make The Pig & Whistle the best in the area

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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