Property Description

A fantastic little gem of a pub in Paisley that has gone from strength to strength over the years growing a loyal customer base and looking for someone to take it further… we think that’s you! What would you do with this pub to make it even more of a success? The area The Wee Howff is located in the town of Paisley, close to Glasgow. The pub is surrounded by mixed housing. Paisley has a large and diverse population of over 76,000 people, making it the fifth-largest town in Scotland. This means that you can attract a wide range of customers to your pub, from locals to tourists, from students to professionals, from families to friends. Paisley has a strong sense of community and pride, with many events and festivals that celebrate its culture and heritage. For example, the annual Paisley Halloween Festival is one of the largest in the UK, attracting over 41,000 people in 2019. You can join in the festivities by hosting themed nights, live music, or special offers at your pub. The pub benefits from being one of 139  pubs found in an area of around 6130 adults. The low affluent customer base is between the ages of 35-44 with opportunities to attract other age groups. The offer Available on our Three Year fixed term Foundation Tenancy, Click here for more information on this agreement. The potential of this pub lies in introducing a competitive  entertainment wet-led offer. What drinks would you look to implement in the pub? The site currently has the ability to drive trade via  live entertainment, pub games machines and. It offers a selection of popular beers, ciders, wines and spirits. We’re always open to new ideas, what would you do to drive trade? Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you. Understanding of the local community You know what it takes to build a successful business 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 pub’s next chapter…

Main trading area with bar Pub games

The pub has no private accommodation.

Premises license available on request.

Agreement Type

Foundation Tenancy

Property Facilities

Property Financials

Approx. Total Ingoings

£13,258

Annual Rent

£27,104

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
** 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.
* 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

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.

Whether you’re new to the industry or you’ve got a portfolio of pubs, we’ve been helping talented publicans create amazing pubs for decades. Find out how we can help you meet your ambitions and take the next step.

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