Property Description
Exciting refurbishment of a spacious community pub with live sport, great drinks and food.
The Area:
The Lion & Star is located in the town of Kirkintilloch on the main street, just a short walk from the town centre and many local amenities. It’s a 10-minute train ride into Glasgow city centre. The surrounding area includes a mix of mature households and younger residents, with over 3,400 adults within a 10-minute walk and more than 10,600 within 20 minutes.
The Offer:
The Lion & Star is available on our investment tenancy agreement. Click here for more information on this agreement.
Following a full internal and external refurbishment, this large, modern space will become a welcoming community pub offering a refreshed layout including a new sports zone, fully redecorated interior, and updated toilets. The pub will cater to a broad local audience with a strong wet-led offer and a casual menu of crowd-pleasing dishes.
We’re always open to new ideas - what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right licensee for The Lion & Star will have extensive experience in hospitality businesses. They will have a clear vision for their drinks offer, entertainment schedule and community engagement, and can create a memorable experience for their 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 pub’s next chapter…
The Lion & Star will be undergoing a refurbishment which will cover the trading areas of the pub.
A full list of works and pub floor plan can be found in the ‘Refurbishment Details’ in the downloads section.
The pub’s trading area and facilities post-refurbishment will include:
Main trading area with bar
79 internal covers
24 external covers
HEINEKEN SmartDispense system
Beer garden
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
There is no private accommodation.
Please see premises licence for full details.
Agreement Type
Investment Tenancy
Property Facilities
Kitchen
Live Sports
Outdoor Trade
Property Financials
Additional Information
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.
* 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
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 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
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.
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
