Run a Star Pub - Afton Bar Paisley - Paisley

Pub Overview

Lively local pub to lease! Currently entertainment and drinks focused, the Afton Bar is a community pub which sits beside local shops and amenities ensuring passing trade.

What would you do with this pub to make it even more of a success?

The area

The Afton Bar is located in the town of Paisley, close to Paisley central station, Saucelhill Park and amenities ensuring passing trade. The pub is surrounded by shops, food and retails outlets and mixed housing.

The pub benefits from being one of 30 pubs found in an area of around 6,000 adults. The majority customer base is made up of young adults.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in developing a strong food & drinksoffer. What food & drinks would you look to implement in the pub?

The site currently has the ability to drive trade via creating a loyal customer base from the surrounding area, live sports, live entertainment and quiz nights. It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu, and coffees.

We’re always open to new ideas, what would you do to drive trade?

Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.

• Understanding of the local community
• You know what it takes to build a successful business
• You love hospitality and are great with customers

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…

* 25% rent reduction will be applied to first 12 months following completion of a fully signed lease agreement (5 years England & Wales, 3 years Scotland) on selected properties only. No cash alternative is payable.

Features

• Foundation Tenancy
• Live Sports

Trading Area & Facilities

• Main trading area with bar
• Separate dining room
• 50 internal covers
• SmartDispense
• Dart board

Private Accommodation

There is no private accommodation.

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

£14,116

Estimated Minimum Ingoing Costs

£7,372

Annual Rent

£10,466

Estimated Annual Turnover

£202,913

Deposit

£2,616

Estimated Fixtures & Fittings Value

£5,000

Estimated Stock Valuation

£3,000

Estimated Working Capital

£3,500

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month\’s rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month\’s rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month\’s rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Downloads

• Demographics Report Download arrow
• Energy Performance Certificate Download arrow