Property Description
Exciting high street pub opportunity in Edinburgh
What would you do with this pub to make it even more of a success?
The area
The Mash Tun is located on Easter Road in the city of Edinburgh, close to the Hibernian FC Football Stadium & only half a mile from Holyrood Palace . The pub is surrounded by shops, food and retail outlets and mixed housing.
The Mash Tun benefits from being situated between the popular ward of Leith & Edinburgh City Centre, just a 10-minute walk from the McDonald Road Tram Stop on Leith Walk.
Demographics
The pub benefits from being one of 17 pubs found in an area of around 16,500 adults. The varied customer base is made up of a variety of young professionals, families, football fans & retired people.
The offer
Available on our 3-year foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through brand, with a mixed 85/15 food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via excellent customer service, live sports and live entertainment. It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu.
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 operator for the pub will have extensive experience in a high street hospitality business. They will have a clear vision for their marketing strategy, entertainment offer and food & drinks menu, and will pride themselves on creating a memorable & distinct 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…
Trading areas and facilities:
2 main trading areas with a central bar
36 internal covers
Catering kitchen
Smart Dispense
Interactive Darts
The pub has no private accommodation.
Premises license available on request.
Agreement Type
Foundation Tenancy
Property Facilities
Kitchen
Live Sports
Live Music
Pub Games
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.
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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.
