Property Description

The Ferrari Bar is a detached pub surrounded by an abundance of residential housing, businesses and industrial units , located on the outskirts of Dundee.  Dundee is Scotland's fourth largest city and known as " one city, many discoveries" in honour of Dundee's history of scientific activities. Dundee sits on the north bank of the Firth of Tay, 36 miles north east of Edinburgh. and is served by excellent road links, the M90 to Perth in the West and Aberdeen in the North alongside an extensive network of bus and train routes. Currently the city is engaged in a plan to regenerate and reinvent itself as a cultural centre which now accounts for 10% of the United Kingdom's digital entertainment industry and has seen its international profile rise being known as the " coolest little city in Britain". Pub Layout This multi-faceted business operates over two floors, the main bar on the ground floor and the function suite on the first floor. The main bar is to the left of the entrance of the pub. This open plan room with bar servery to the right is surrounded by fixed seating along the walls to the left and to the front of the bar with tables and low level seating creating booth areas. TV's showing televised sports and a darts board enhance the atmosphere and create a fantastic social setting. On the first floor you will find the function room with it's own separate bar and dance floor. This area, like the main bar has an array of fixed and loose seating to create booth areas, perfect for private functions/events, complete with a projector screen which is perfect for meetings and sporting events with the capacity for approximately eighty covers. The kitchen is also located on the first floor, making it easy to cater for private functions or parties, however, currently under utilised and would benefit from some ready to trade work for the incoming licensee. The front of the pub is enhanced by a landscaped decked beer garden creating a relaxing pleasant place to have an external drink or BBQ. There is also a car park with parking for up to ten cars.

Trading Style

The Ferrari Bar is a popular community local offering an excellent range of premium products and an extensive range of spirits and minerals. Wet led only, the Ferrari Bar has a strong and loyal customer base with a core of regular drinkers alongside increased trade from functions and private events held separately upstairs. Ferrari’s has the scope to introduce team sports (darts), promote televised sports and drinks offers increasing weekly trade. There is also a huge opportunity at Ferrari’s to attract custom with strong marketing and social media presence to promote the function room for meetings/charity events ensuring this site is the hub of the local community and increase footfall.

 

Agreement Type

Property Facilities

Restaurant/Food Function Room Live Music Live Sports Parking Beer Garden

Property Financials

Approx. Total Ingoings

£10,000

Annual Rent

£12,500


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