Are you looking for pub tenancy in the Glasgow area ? Why not run ‘The Wheatsheaf’ as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Wheatsheaf 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.
Pub Tenancy In Glasgow – The Wheatsheaf Is Now Available !
The Wheatsheaf is a well-loved village pub with located at the heart of Torrance in Glasgow. It has a welcoming cosy feel and is known amongst its loyal locals for its quality drinks offer. It also has great potential to develop a food menu that compliments the pubs traditional feel. The pub plays host to many events that brings the local community together including live music nights.
The trading area is split into three, with a recently refurbished main bar area that has a warm feel with an open fire, which also houses the showing of all key sporting events through Sky Sports. There is a comfy lounge opposite the bar that is the perfect place for customers to relax with a drink, and a separate restaurant area for dining that boasts up to 60 covers. The pub benefits from good parking facilities with as many as 20 spaces.
Punch are planning a really exciting and substantial investment plan which will bring the establishment to the next level.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Pub Tenancy In Glasgow – The Wheatsheaf Is Now Available !
About the Local Area
Torrance is a small village a few miles north of Glasgow in East Dunbartonshire. The county is known for its stunning lochs, reservoirs and views of rolling hills that travel for miles and has previously been voted the best place in Britain to raise a family. The village itself is also surrounded by beautiful views and greenery. With a close-knit community, it brings loyal customers to the Wheatsheaf as well as those from smaller villages within the surrounding area of the pub.
Ideal Operator
This is the perfect pub opportunity for a local Publican who thrives when operating at the heart of the community and wants to build long lasting relationships. Experience in developing a classic pub food offer would also be beneficial as there is great potential to develop this side of the business.
About the Agreement
Our Tenancy agreements vary between 3 – 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.
You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have dedicated Operations Manager, plus access to training and development, business planning, operations and accounting expertise.
Once you’ve completed the 5-day induction course we’ll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice.
Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.
* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or Operations Manager.
FINANCIAL INFORMATION
Initial Deposit*
£3,000
Full Deposit
£6,250
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£37
Working Capital
£2,000 – £4,000
Street Check
Click Here
BUSINESS INFORMATION
Annual Rent
£28,500
Forecasted Annual Wet Turnover
£258,266
Forecasted Annual Food Turnover
£78,157
Forecasted Annual Other Turnover
£4,550
Agreement
3 Year Tenancy
