Riverside Inn, Callander

The Riverside Inn is situated in the picturesque town of Callander, alongside the River Teith. This local traditional pub boasts a strong, home cooked food opportunity alongside a relaxed contemporary atmosphere which has recently benefited from substantial investment, highlighting them as one of the top destination pubs in the town. The town is located in the historic county of Perthshire on the main A84 with direct links to the M9 making this a popular tourist stop to and from the Highlands allowing this to capitalise on the high seasonal footfall in the town.

Pub Layout

You can enter the Riverside Inn from both the front and back of the site, which will lead you into the open plan operation. The single bar operation has little snug areas off from the main bar area and with the mixture of low level benched and loose seating, complimented by poser tables and high stools provides the perfect social setting and atmosphere. The commercial kitchen is located at the end of the building with access to all areas of the pub. The front and back of the building has the benefit of external seating areas with the rear terrace more popular as it overlooks the river and gives direct access to the main car park for visitors to the town. This provides great visibility for visiting tourists and locals alike. The Riverside Inn is beautifully decorated internally following major investment to create a more contemporary feel.

The Riverside Inn is a destination food site due to its location around the Loch Lomond and Trossachs National park. The pub is predominately food led offering a fantastic traditional pub fayre menu but has a core of loyal locals who support all year round increasing the split on wet/dry, currently at 20/80%. This site. again due to location is seasonal with a peak in trade during the summer months and then depends on local trade throughout the winter months. The Riverside manages this exceptionally well using its strengths in food, entertainment and exceptional circumstances.

Private Accommodation

There is no private accommodation with this site.

Annual Rent: £25,500

Security Deposit: £5,000

Working Capital: £3,000

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 looking for a licensee who is experienced in the catering industry, particularly in managing food-based businesses, have a strong understanding of food preparation, kitchen management, menu development. Some one who has an entrepreneurial mindset, coupled with a willingness to take initiative and innovate, a strong business plan and prides themselves on delivering exceptional customer service is paramount for building a loyal customer base and will be key for seizing opportunities and driving growth. These qualities and experiences will transform the Riverside Inn into a thriving hub of culinary excellence and hospitality, attracting locals and visitors alike and maximizing its potential as a destination venue.

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 *