Are you looking to lease a pub in the Scotland area? ‘The Crown Inn Irvine’ is available !
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Lease A Pub In Scotland – The Crown Inn Irvine Is Available !
The Crown Inn, Irvine
The Crown Inn is a mid-terraced, medium sized property nestled in the industrial town of Irvine. This traditional style pub dating back to the 1800’s enjoys a prominent position on the main street which is the nucleus of the town. Irvine, the birth place of Scotland’s first minister Nicola Sturgeon is a busy town steeped in history with important maritime connections. Streets are named after the local poet Robert Burns and the harbour has become a major west coast port. Irvine has a population of 33,696 inhabitants making it the largest settlement in North Ayrshire.
Pub Layout
Upon entering the Crown from the main street you are welcomed into the main bar area. Decorated in a tasteful manner in-keeping with the sites history and location and provides a traditional warm feeling. The bar, with its traditional features overlooks the room and is surrounded by a mixture of fixed and loose seating and TV’s offering a premium sports package. The comfortable lounge area provides seating alongside the lean to, bright conservatory area suitable for diners with many distinct features such as open brick walls and an underused open fireplace. The beer garden is located at the rear of the building with benched seating for those warmer months.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Crown is currently operating as a wet- led, community local predominately daytime drinkers with evening and weekend trade improving. Site is currently not encouraging a full food offering however does produce a takeaway menu, mainly pizzas to compensate. Utilising the food offering is key to building trade whilst engaging with the loyal core of regular drinkers The Crown already has.
Private Accommodation
There is currently no private accommodation at the moment.
Annual Rent: TBC
Security Deposit: £5,000
Working Capital: £1,000
Stock: £3,000
F&F: TBC (Funding options may be available)
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). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.
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. Our standard deposit is 25% of the headline rent. On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.
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: 9000
Annual Cost: 0
I am looking for a licensee who can bring a new lease of life to the Crown Inn. Engagement with the local community to put the Crown Inn at the heart of the community is essential here. A warm and friendly welcome and an ability deliver a community focussed drinks and food offer is essential to making the business thrive. The customers need to feel valued and loyal to the business so a regular and well-marketed line up of events and activities is essential. A well-considered and consistent rhythm of the week will bring in regular custom and will make the Crown Inn, the place to be. Great standards and quality drinks give a significant opportunity to grow and develop the retail proposition here, driving additional income by maximising the potential of the beer garden and the food offer.
