Property Description
Clydebank’s The Lovat, Your next success story.
What would you do with this pub to make it even more of a success?
The Lovat is located in the town of Clydebank, close to Jubilee Hospital. The pub is surrounded by mixed housing.
Nestled in the vibrant heart of Clydebank, the Lovat is a pub that has a unique blend of traditional charm and contemporary comfort. This well-established pub is a local favourite, known for its wide selection of drinks and delicious food that caters to all tastes. The area surrounding the Lovat is a bustling hub of activity.
The pub benefits from being one of seven pubs found in an area of around 3,286 adults. The customer base is made up of low affluence, full time employed with a higher percentage of females .
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through Click or tap here to enter text. food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via great food and drinks, live entertainment, live sports and selection of pubs games, such as pool. It offers a selection of a pub classic menu, coffees, and popular beers, ciders, wines and spirits.
We are always open to new ideas, what would you do to drive trade?
If you have benefited from running or owning a pub business, we would love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a community led hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you have been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Main trading area with bar
100 Internal covers
50 External covers
Small kitchen
Function room
Smart Dispense
Beer garden
Pool Table
The pub has no private accommodation.
Agreement Type
Property Facilities
Kitchen
Live Sports
Outdoor Trade
Pub Games
Live Music
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
** 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
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.
