Are you looking for pubs to lease in Glasgow? Run ‘The Woods’!
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The Woods Glasgow is in a prime location on Waterloo Street in Glasgow city centre. Surrounded by offices and local businesses there is a great opportunity for an experienced operator to make this the place to be in Glasgow
The pub is contemporary and spacious and benefits from large windows at the front that flood the space with light during the day and allow people to see inside. The pub provides the main bar at ground level and the large function room, kitchen and toilets at basement level. The focal point is the central bar and the catering kitchen has the ability offer an extensive menu for business breakfasts, lunches and early evening meals. The pub is adaptable and can be used more as a circuit pub at night.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Woods Glasgow
The Woods is in a prime location on Waterloo Street in Glasgow city centre. Surrounded by offices and local businesses there is a great opportunity for an experienced operator to make this the place to be in Glasgow.
The pub is contemporary and spacious and benefits from large windows at the front that flood the space with light during the day and allow people to see inside. The pub provides the main bar at ground level and the large function room, kitchen and toilets at basement level. The focal point is the central bar and the catering kitchen has the ability offer an extensive menu for business breakfasts, lunches and early evening meals. The pub is adaptable and can be used more as a circuit pub at night.
Glasgow City Centre sites do not come up often! If you’re an experienced operator that wants to take The Woods to the next level, talk to us. Interest is high already so apply now.
BUSINESS START UP AGREEMENT
CATERING KITCHEN
Trading Area & Facilities
The Woods is contemporary and spacious and benefits from large windows at the front that flood the space with light during the day and allow people to see inside. The pub cover the ground floor and basement level. The focal point is the central bar and the catering kitchen can offer an extensive menu for business breakfasts, lunches and early evenings, the pub is adaptable and can be used more as a circuit pub at night.
Downstairs there is a basement with more rooms for covers and space for events & functions. Dumb waiters service both floors.
There is also a partially covered outside courtyard at the back of The Woods.
Private Accommodation
There is no private accommodation
Premises Licence Details
Please see premises licence for full details.
Premises Licence Opening Hours
The Woods Glasgow
Annual Rent £
42,000
Estimated Tenants Annual Operating Profit £
43,999
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
657,467
Estimated Annual Barrelage
199
* 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 £
15,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
7,000
Deposit Amount £
10,500
Rent in Advance £
808
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
295
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
35,033
Estimated Minimum Ingoing Costs £
13,033
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 ChargesEstimated Annual Building Insurance £ 2,723
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 Woods Glasgow
Glasgow City Centre sites do not come up often! If you’re an experienced operator that wants to take The Woods to the next level, talk to us. Interest is high already so apply now.
