Just add talent pubs are now available in the Aberdeen area, this is an ideal opportunity for hard-working, talented people to take on their own pub business and we have the perfect pub available for you! Check out ‘The Wig’ as this is now available?
Here at Love Your Pub we know about all the best pubs that are becoming available and The Wig is now available via Love Your Pub!
For more information about this venue and how you can take the next step in your hospitality career click the link below.
The Wig is situated in Castlegate, a thriving part of City Centre Aberdeen close to the main thoroughfare, Union Street.
The Wig is part of a great pub circuit and has a great opportunity to compliment the pubs, cafes and restaurants surrounding it. Great customer service in a warm, friendly environment alongside a simple food offer & a great live entertainment plan will all key in making the Wig a fantastic city centre bar.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Wig Aberdeen
Pub Overview
Great Location!
The Wig is situated in Castlegate, a thriving part of City Centre Aberdeen close to the main thoroughfare, Union Street.
The Wig is part of a great pub circuit and has a great opportunity to compliment the pubs, cafes and restaurants surrounding it. Great customer service in a warm, friendly environment alongside a simple food offer & a great live entertainment plan will all key in making the Wig a fantastic city centre bar.
Currently the mixed seating is centred around the bar and the feel is that of a traditional pub with a contemporary edge.
Food Offer
Food in the Wig will be a simple offer due to the size of the kitchen & space available, supporting the overall offer with around 30 covers. Coffee and live sports add to the pubs appeal.
There is a great flat above the pub that is included in the deal so you could live and work in right in the heart of the city!
Available on our Business Start-Up Agreement.
BUSINESS START UP AGREEMENT
CATERING KITCHEN
PRIVATE ACCOMMODATION
Trading Area & Facilities
The Wig has an attractive bar along one wall of the single room interior. There is a mix of fixed and loose seating and an area that can be zoned off for the food offer. The pub is decorated in contemporary colours and finishes.
There is a small kitchen on site and externally the pub has a pavement licence and lots of passing trade and nearby parking.
Private Accommodation
There is a Manager’s flat above the pub with separate entrance. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.
Premises Licence Details
Please see premises licence for full details.
The Wig Aberdeen
Annual Rent £32,097
Estimated Tenants Annual Operating Profit £34,347
Representative HEINEKEN UK Brand Discount Per Barrel £150
Estimated Annual Turnover £403,293
Estimated Annual Barrelage £168
* 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
Your Investment
Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £7,500
Estimated Fixtures and Fittings Valuation Fee £250
Estimated Stock Valuation £7,000
Deposit Amount £8,024
Rent in Advance £617
Training Fee £425
Estimated Designated Premises Supervisor / Manager Fee £50
Premises Licence Fee £180
Rates Assessment Fee £55
Estimated Legal Fees £650
Estimated Total Ingoing Costs £24,751
Estimated Minimum Ingoing Costs £12,227
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £956
Estimated Annual Maintenance Compliance Charge £1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £6108
Estimated Annual Repairs Fund £1300
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
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor – your solicitor’s fees are not included in the above estimate
The Wig Aberdeen
There is a great flat above the pub that is included in the deal so you could live and work in right in the heart of the city!
Available on our Business Start-Up Agreement.
