Picture House

Important Information

• Business information

  Annual rent£22,200

  Additional informationThe annual rent shown (£22,200) takes into consideration a machines supply concession. The annual rent will be £32,550 if you prefer not to have Greene King supply machines to you.

  Weekly rent£427

  Entry costs£37,388

  Turnover royaltyN/A

  Forecasted operator turnover£637,692

  Forecasted Operator Profit (inc machine profit)£32,785

  Forecasted operator machine profit£10,350

  Average Beer & Cider Discount*Preferred Discount Band

  Type of TieFull tie: Access to Discounted Wines, Spirits & Minerals Price List

  AgreementScottish Tenancy Agreement. A fixed 3 year term.

  Machine Product AgreementRestricted (50/50 share)

• Entry costs

  Entry cost is approximately £37,388 which includes 25% of the fixtures & fittings value, deposit, stock and working capital. Any additional costs will be confirmed in your schedule 1 information. You will also need to obtain independent professional legal and financial advice. Please note, the fixtures and fittings value is estimated and will be confirmed on change day and an assisted purchase plan is available to purchase the remaining 75% of fixtures and fittings.

  Deposit£8,138

  Additional InformationN/A

  Estimated Fixtures & Fittings Value£9,250

  Estimated Stock Value£10,000

  Estimated Working Capital£10,000

  Estimated Entry Cost£37,388

• Turnover

  You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. All figures represent products bought from Greene King only.

  Year	Beer (Brls)	Wine & Spirit (Ltrs)	Minerals (Ltrs)
  2025	275	3,340	10,473
  2024	236	3,466	10,741
  2023	280	3,591	12,570

• Trading space

  The trade space is well laid out around a central bar servery, with defined areas for drinking, dining and games. A catering kitchen and beer cellar sit behind the bar, supporting a simple food offer alongside the pub’s strong wet-led trade. There are 40 covers available, with customer facilities including a disabled toilet on the ground floor and ladies’ and gents’ toilets upstairs. Externally, the pub benefits from a courtyard beer terrace, adding further flexibility for warmer weather and casual drinking occasions.

• Private accommodation

  There is no accommodation on site, although there is an office.