Pub Overview The Stonehouse Bar is situated in a prominent high street area of Hamilton, surrounded by retail stores.
Help us bring this exciting offer to Hamilton centre .
The Stonehouse is set apart from its competitors by its exceptional TV and sound systems creating the perfect setting for anyone looking to enjoy live sports and entertainment with friends.
The updated interior, with leather upholstery, quirky wall lighting and refurbished timber floors has elevated this local pub into a premium modern venue.
The Stonehouse is in the centre of Hamilton, on the local drinking circuit.
Occupying a central position amongst the main high street shops and amenities, passing footfall is high and the incoming operator will be able to capitalise on all-day trade.
The area also offers a host of hotel accommodation which will bring in even more clientele.
The offer: This is a simple to operate one room pub with flexible seating all served by a central bar.
There is a pavement licence from 12pm - 9pm for up to sixteen people, which will be a bonus for warmer months.
Attitude is more valuable than experience.
If you've got the following, we'd love to hear from you.
Understanding of the local community.
If you're enthusiastic and retail focused.
You love hospitality and are great with customers.
If this sounds like the incredible pub opportunity you've been waiting for, apply today and tell us what you can bring to this pubs next chapter...
Features Live Sports Outdoor Trade 3 Year Tenancy Trading Area & Facilities Trading areas and facilities: Main trading area with bar 30 internal covers 16 external covers Smart Dispense Pavement trading area Private Accommodation There is no Private Accommodation at this pub.
Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £17,188 Estimated Minimum Ingoing Costs £10,729 Annual Rent £14,753 Estimated Annual Turnover £207,462 Deposit £3,688 Estimated Fixtures & Fittings Value £4,000 Estimated Stock Valuation £6,000 Estimated Working Capital £3,500 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.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats.
There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense.
These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
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 should be included in your financial assumptions in your business plan.
Note that on FRI and Investment Tenancy 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.
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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