Run a Star Pub - Mid Yoken Edinburgh - Edinburgh

Pub Overview

Classic community pub well located in a busy suburb on the outskirts of Edinburgh.

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

The area
The Mid Yoken is located in the suburb of East Craigs on the outskirts of Edinburgh, The pub is in the middle of a mid-density estate and surrounded by housing.

Demographics
The pub benefits from being the only one within a 10 minute walk. And with 5000 adults living in this catchment, it gives the operator a great base to build trade.

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 well thought through 100% drinksoffer, that will attract locals and tourists. There is also the opportunity to introduce a food offer, should the incoming operator so wish. What drinks would you look to implement in the pub?

The site is currently very popular with locals with regular live sports, live entertainment and pub games such as pool and darts.

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…

Features

• Foundation Tenancy
• Function Room
• Car Park

Trading Area & Facilities

• Main trading area with bar
• 40 internal covers
• 10 external covers
• SmartDispense
• Function room
• Car park with 10 spaces

Private Accommodation

The pub has no private accommodation.

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

£26,549

Estimated Minimum Ingoing Costs

£9,516

Annual Rent

£24,195

Estimated Annual Turnover

£360,564

Deposit

£6,049

Estimated Fixtures & Fittings Value

£13,000

Estimated Stock Valuation

£4,000

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