Waverley Bar Bridgend

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Pub Overview

The Waverley Bar is a respected long established community pub. The demographic report shows 28,286 people can access the pub within a ten-minute drive, 5771 adults are within easy walking distance.

The pub is on the West Side of the River so is the first pub for those immediate residents.

The offer

Available on our Three Year fixed term Foundation Agreement. The potential of this pub lies in a community-based offer. Sport and Karaoke have been strong business drivers for the pub.

What would you look to implement in the pub?

Attitude is more valuable than experience. If you have the following, we would love to hear from you.
  • Understanding of the local community
  • Understanding of how to build a successful business
  • Ability to engage with customers from behind the bar

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…

Features

  • Foundation Tenancy
  • Live Sports
  • Monthly Billing
  • Weekly Billing


Trading Area & Facilities

There is a large beer garden with the river Clyde as a backdrop

Internally approximately thirty covers

There is off street parking and a free car park in proximity

Private Accommodation

The pub has no private accommodation.

Pub Financials

Annual Rent £
13,550
Estimated Annual Turnover £
204,636
Deposit £
3,388
Estimated Fixtures & Fittings Value £
5,160
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
17,048
Estimated Minimum Ingoing Costs £
9,629

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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