Pub Tenancy - Edinburgh
Could you Run this in Edinburgh ?
Wildcat, Edinburgh is a great Scottish, city centre pub which sits just off a main commuting road, within a residential area. It is in an area which offers a selection of pubs, restaurants and entertainment which draws students, nearby residents, visiting tourists and city centre commuters. It's a small and cosy pub which offers opportunity to create a quality drinking venue with fine ales, gins, quirky cocktails, wines and a friendly, local welcoming venue perhaps offering quality entertainment with late night opening.
The site is split into two trading areas with a central partition. The front bar has the service area and then the rear area is more for lounging with tables, chairs and sofas. There is also a small food service area (suited to a simple and innovative food offer). Parking is within easy reach on nearby side streets.
There is no domestic accommodation with this pub opportunity.
About the local area
Edinburgh, Scotland is full of culture and a lively and vibrant city. The city is home of festivals and events throughout the year and known for its buzzing nightlife. The pub is in an area which a has a good mixture of student, young and aspirational residents. There is an excellent mix of bars, cafes, restaurants, theatre and cinema options to bring customers to the area. The pub is also on a main commuting link to the city centre.
This pub may suit
The site may suit a first-time operator due to its neat and easy to manage size. Or it may be a great opportunity for the bar to be a second/third outlet for an established operator. There is potential to serve simple bar food alongside quality drinks and establish a fantastic drinking venue in the area.
About the Contract
Our Tenancy agreements vary between 3 - 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.
You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have adedicated Operations Manager, plus access to training and development, business planning, operations and accounting expertise.
Once you've completed the 5-day induction course we'll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice.
Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.
* The calculation of the initial Ingoing Costs assumes a minimum deposit (3,000 or 6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or an Operations Manager.