Run a Star Pub - J G Sharps Largs - Largs

Pub Overview

The Sharps is located in the town of Largs, close to the coastal front. The pub is surrounded by shops, food and retails outlets and mixed housing.

The pub benefits from being one of 18 pubs found in an area of around 3579 adults. The mixed and tourist customer base is made up of mature and younger crowd.

Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in developing a competitive 20/80 food & drinksoffer. What food & drinks would you look to implement in the pub?

The site currently has the ability to drive trade via live entertainment, live sports and selection of pubs games, such as pool. It offers a selection of a pub classic menu, popular beers, ciders, wines and spirits, and coffees.

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.

The right operator for the pub will have extensive experience in a hospitality business. They will have a clear vision for driving trade and can create a memorable experience for their 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

• Catering Kitchen
• Private Accommodation
• Pub Games
• Function Room

Trading Area & Facilities

• Main trading area with bar
• Separate dining room
• 213internal covers
• 60 external covers
• Small kitchen
• Function room
• Medium garden
• Pool Table

Private Accommodation

Private accommodation consists of 3 bedrooms, a living room, kitchen, and bathroom

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

£32,044

Estimated Minimum Ingoing Costs

£14,681

Annual Rent

£38,177

Estimated Annual Turnover

£617,550

Deposit

£9,544

Estimated Fixtures & Fittings Value

£11,000

Estimated Stock Valuation

£8,000

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.