Licensee - Strathaven

Star Pubs
Strathaven, South Lanarkshire
Business Opportunity
03 Feb 2017
02 Mar 2017
Bucks Head Strathaven
Full Time, Live in

Bucks Head - Strathaven

Ingoing Costs: £13,715

Annual Rent: £37,500

Annual Turnover: TBA

Pub Overview

The subject of a proposed refurbishmnet, this old established coaching inn sits in the town centre of Strathaven, a market town in South Lanarkshire. The Bucks Head is decorated to a high standard and the result is a cosy pub with a restaurant and rooms.

Supported by strong demographics of retired couples enjoying life, middle aged couples and families with steady incomes. The pub offering needs to support these people by offering a good food menu and community involvement with pub games and entertainment.

The Bucks Head boasts a strong established trade but there is real potential for further growth across the business, particularly in casual drinking and dining.

The planned refurbishment works will include external repairs and decoration of the street facing elevations, including new signage and lighting scheme. Internally the works will comprise of redecoration to the trading and bar area with full an overhaul of the toilet facilities.

The ideal operator will have a proven track record of running sites of a similar style, the ability to develop the food trade will be key. Alongside this it would be desirable if the operator has some experience of managing letting rooms.

Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).

Private Accommodation

Please note there is no private accommodation with this pub.

Important information

Please be aware that all trading documents inclusive of the full Rent Model, Schedule of Conditions, Schedule of Works, Energy Performance Certificates etc are available directly from the Star Pubs & Bars website.

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.