Licensee - Montague, Edinburgh
Minimum Ingoing Costs: £10,984
Annual Rent: £29,750
Annual Turnover: £339,357
The subject of a proposed refurbishment, Montague located on St Leonards street only a stone’s throw from Edinburgh University and surrounded by student accommodation. Densely populated residential area, with a high level of students and young people living in the vicinity.
The pub is subject to a refurbishment, with a plan to overhaul the overall image and bring a much bigger focus on a food offering. The planned works will include external redecoration of the street facing elevations, including new signage and lighting. Internally the works will comprise of an upgrade to the trading and bar area with full an overhaul of the toilet facilities.
The future offer within the Montague needs to include cask ale, coffee and food, with the availability of Wi-Fi.
The ideal operator must have an understanding of this highly competitive area of Edinburgh and be able to provide a “unique selling proposition” to differentiate from all other outlets.
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
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.