Tenancy opportunity at The Victoria Inn & Avenue Restaurant, Haddington

Location
Haddington, East Lothian
Salary
Business Opportunity
Posted
06 Dec 2017
Closes
12 Apr 2018

Victoria Inn

Tenancy opportunity at The Victoria Inn & Avenue Restaurant, Haddington

PUB OVERVIEW

Desireable town centre site in Haddington

The Victoria is a well established bar and restaurant in the very centre of Haddington. Also featuring letting bedrooms this is an ideal site and location for an experienced operator to grow this business.

The Bar and Restaurant will be fully refurbished to Premium Restaurant style for a new operator. This agreement comes with up to £200 off invoice beer discount. We have also prepared an investment which is fully signed off and ready to go within a few months of having a new operator in place.

This business would be ideally suited for a chef looking for a stunning site in a good location in which to showcase his or her skills.

BUSINESS INFORMATION

Entry cost from: £27,775

Annual rent: £33,000.00 per annum + 9% Turnover Royalty

Forecasted Operator Profit: £32,521 per annum

Agreement Tenancy – Turnover Tenancy

Type of Tie: Partial tie: Tied All Beer & All Cider

TRADE SPACE

On arriving into the Victoria there will be a bistro style bar ideal for
friends meeting to share a bottle of wine or enjoy the range of premium
gin. Upstairs is the restaurant which will be finished to a high standard,
perfect for special weekend dinners, romantic nights, or family
occasions. The kitchen is also at this level and is of superb standard.
Letting bedrooms are to the first and second floor.

PRIVATE ACCOMMODATION

There is no private accommodation