Run a Star Pub - Royal Bar Helensburgh - Helensburgh

Situated on the hight street, the Royal Bar is well-located in the seaside town of Helensburgh, just minutes from the high street and overlooking the Firth of Clyde.Target customers will be Sprits enthusiasts looking to watch sports events in a lively atmosphere. Local residents seeking a friendly place to unwind with a great drink and day trippers and visitors to the area. Demographics The pub benefits from being one of 10 pubs found in an area of around 2500 adults. The majority customer base is made up of a mixture of Young and Mature Adults . The offer Drinks : The Royal Bar will offer a wide range of drinks, including premium lagers, ciders, spirits, wines, some cocktails along with a great range of soft drinks and low & no options. This variety caters to everyone, from regulars enjoying beers to visitors seeking a more premium experience, ensuring the pub appeals to a broad audience. Events : The pub will offer live sports, music, DJ sets and karaoke. These events will create a vibrant atmosphere and will drive a healthy rhythm of the week. Coffee : Quality coffee can be offered, attracting to daytime visitors and on-drinkers, broadening the pub's appeal

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
  
  Refurbishment Planned
• Foundation Tenancy
• Live Sports
Trading Area & Facilities The Royal Bar will be undergoing a refurbishment which will cover the interior and exterior of the pub. A full list of works and pub floor plan can be found in the 'refurbishment details' in the downloads. The pubs trading area and facilities post refurbishment will be :
• Main trading area with bar
• 60 internal covers
• SmartDispense
• Live Sports
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process. Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016). Private Accommodation The pub has no private accommodation. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs 38,444 Estimated Minimum Ingoing Costs 38,444 Annual Rent 27,774 Estimated Annual Turnover 321,336 Deposit 6,944 Estimated Fixtures & Fittings Value 22,000 Estimated Stock Valuation 6,000 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