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Stags Head Inn, Carnoustie

Carnoustie, DD7 7PN

Your investment

£8,000

Agreement Type

Tenancy

With a glorious seaside location and a championship golf course, this site offers an excellent quality of life as well as an exciting retail opportunity.

With a glorious seaside location and a championship golf course, this site offers an excellent quality of life as well as an exciting retail opportunity.

Pub Layout

The Stags Head consists of a large public bar and a large function room which currently hosts the well supported local rugby team. There is a commercial kitchen and a large public bar which is accessed from both the main street and the small car park to the rear. Also, there is a sizeable, but currently unused, beer garden which is situated to the rear of the property.

The Stags Head has the opportunity to re-establish itself throughout the area by re-introducing a quality “pub food” offering. With real ales on offer alongside a range of both traditional and international draught brands, the Stags Head can appeal to a broad customer base and continue to be a strong contributor to the community.

Private Accommodation

There is no private accommodation available at this site.

 

 

 

Annual Rent: £15,000

Security Deposit: £3,000

Working Capital: £3,000

Stock: £2,000

Fixtures and Fittings: Upon Valuation  – funding options 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.

An experienced operator will capitalise on the function opportunities within the large catchment area and develop the trade generated by the Carnoustie golf course which is popular with both UK and international tourists.

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)

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

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

Training – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

Service Charge Cost – £28.01 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.

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