- Recruiter
- Star Pubs & Bars Leased & Tenancy
- Location
- 51, Commercial Street, Dundee, DD1 2AA
- Salary
- To be discussed
- Ref
- 976305537
- Starts
- Closes
Pub Overview
Tickety Boos is located in the heart of Dundee, a popular university city. Dundee shore front has undergone a transformation recently with the introduction of the V&A museum, renovation of the train station and the development of the popular Slessor Gardens. This attracts people from far and wide for music, culture and outdoor entertainment. The building is historic and has great kerb appeal. Students, local residents and visitors to Dundee city centre are the client base.
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 Tickety Boos will have extensive experience in hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy and can create a memorable 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…
Features
Trading Area & Facilities
Tickety boos is a traditional style pub with wooden décor and original stained-glass windows. The pub has a central horseshoe bar and the rear staircase gives access to a mezzanine level for more seating. The pub has around 60 covers but with has a pavement licence which can provide an additional 20 covers. There is a small catering kitchen which is in good working order. The bar currently runs a large menu but would benefit from a smaller snack menu to reduce wastage.
Private Accommodation
There is no private accommodation on site.
Pub Financials
Annual Rent £
62,201
Estimated Annual Turnover £
721,635
Deposit £
15,550
Estimated Fixtures & Fittings Value £
11,770
Estimated Stock Valuation £
10,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
40,820
Estimated Minimum Ingoing Costs £
18,683
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.
Tickety Boos is located in the heart of Dundee, a popular university city. Dundee shore front has undergone a transformation recently with the introduction of the V&A museum, renovation of the train station and the development of the popular Slessor Gardens. This attracts people from far and wide for music, culture and outdoor entertainment. The building is historic and has great kerb appeal. Students, local residents and visitors to Dundee city centre are the client base.
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 Tickety Boos will have extensive experience in hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy and can create a memorable 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…
Features
- Business Start Up Agreement
- Live Sports
- Music Venue
- Cask Ale
- Outdoor Trade
Trading Area & Facilities
Tickety boos is a traditional style pub with wooden décor and original stained-glass windows. The pub has a central horseshoe bar and the rear staircase gives access to a mezzanine level for more seating. The pub has around 60 covers but with has a pavement licence which can provide an additional 20 covers. There is a small catering kitchen which is in good working order. The bar currently runs a large menu but would benefit from a smaller snack menu to reduce wastage.
Private Accommodation
There is no private accommodation on site.
Pub Financials
Annual Rent £
62,201
Estimated Annual Turnover £
721,635
Deposit £
15,550
Estimated Fixtures & Fittings Value £
11,770
Estimated Stock Valuation £
10,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
40,820
Estimated Minimum Ingoing Costs £
18,683
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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