Are you looking to lease a pub in Glasgow ? You could run ‘The Chrystal Bell’ as it’s now available !
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For more information about this venue and how you can take the next step in your hospitality career click the link below.
Lease A Pub In Glasgow – Run The Chrystal Bell
The pub is situated in the historic Gallowgate area of Glasgow city centre, an area crammed with famous old pubs, the Barras market and the Barrowland music venue. The pub itself is located just off the High Street and is a short walk from the major stations and subway. The area is going through a lot of development with lots of new build flats. However, much of the trade comes from surrounding areas of the city who have travelled into the city. The pub is also a short walk from Celtic FC and is therefore very busy on match days.
Pub Layout
The Chrystal Bell is a traditional, one room operation with the horseshoe bar located in the heart of the pub providing ease of service on those busy days. To the right hand side, in complete view of the bar is a raised seating area which could easily be utilised for a dining section or even for those who want to sit out of the hustle and bustle of the busy bar. The commercial kitchen is located behind the bar to the rear of the pub. Being a city centre pub there is no outside drinking area or car park.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Chrystal Bell, Glasgow
Although located in the city centre, the pub is very much a community pub offering great value drinks through the week and focusing on sports and live music at the weekend. There is a commercial kitchen but the food offer at the moment is fairly basic so there is a huge area of opportunity to improve and increase this. At the moment it is very much drinks focussed and predominantly draught with a popular value offer. It is a traditional one bar operation which benefited from a full refurbishment at the end of 2018. Showing live sporting events is essential to the business especially with being in such close proximity to the football ground.
Private Accommodation
There is no private accommodation.
The Chrystal Bell, Glasgow
Annual Rent: £21,500
Security Deposit: £5,000
Working Capital: £2,000
Stock: £3,000
Fixtures and Fittings: Upon Valuation – funding options available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Additional Info
Annual Rent – This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed)
Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property
Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business
Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened
Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture
Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.
Service Charge Cost – £57.60 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.
Ingoing Cost: 10000
Annual Cost: 21500
The Chrystal Bell, Glasgow
I am looking for a strong operator with experience in running similar establishments with a focus on the value offer and maintaining standards and control over the pub. There is currently a strong team in place which will need to be maintained and developed with ongoing training. There is a possible growth opportunity with food and the licensee would need confidence in trying to develop this area. Suitable for sole trader or a multiple with sturdy disciplines.
