Back to Search results

Kirkhill Bar, Glasgow

Cambuslang, Glasgow, G72 8LH

Your investment

£4,000

Agreement Type

Long Term Agreement (5 Year Tenancy)
  • Established local community business.
  • Sports driven
  • Prominent residential location

The Kirkhill bar is located in Cambuslang, a town on the south-eastern outskirts of Glasgow. Cambuslang has a long history of coal mining, steel, iron and ancillary works , most employment for its 30,000 residents comes from the service industry local to the area. This area is heavily populated with flats and local housing, however also features a lot of green space with Cambuslang Park providing 27 acres of woodland area, sports pitches and the bandstand which is a natural amphitheatre near to where the famous Cambuslang Wark took place in the 18th century. Located on the lengthy bend of the River Clyde, this is accessible by road from the nearby A74 and A724 to the city centre and Hamilton alongside excellent rail links to Glasgow and Lanark.

Pub Layout

Located on the corner of a street, access can be made via the two doors. The central island bar, stocked with premium products provides a focal point for all areas of this open plan, one level room. The bar area is surrounded by a mixture of fixed and loose seating, panelled walls, high ceilings and floor to ceiling windows, making this a bright and airy space whilst TV’s adorn the walls alongside a projector screen promoting all live sporting events. To the right of the bar there is a pool table area, complete with darts board with a small snug area. The snug area has a mixture of high fixed and loose seating making this the perfect social area.

 

Kirkhill Bar is a traditional wet led community local with an exceptionally strong customer base and a core of regular daytime drinkers. The pub utilises its community local feel and champions local sports games such as pool, darts and dominoes, alongside televised sporting events. The main trading area has a mixed drinks offer including, premium and standard lagers along with a varied and extensive range of spirits and minerals. The Kirkhill has a strong regular customer base and due to sites residential location has the opportunity to grow trade ensuring this site is the hub of the local community promoting charity and community based events.

 

Private Accommodation

There is no private accommodation at this site.

Annual Rent: £19,500

Security Deposit: £2,000

Working Capital: £1,000

Stock: £1,000

Fixtures and Fittings: To be confirmed upon valuation –  funding options may be available for the right licensee.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

Admiral Taverns is seeking a dynamic and passionate licensee who can take The Kensington Bar to new heights by driving beer volumes and enhancing its role as a vibrant community hub. They should possess a deep understanding of running a successful community pub and have the charisma and sociability to build strong relationships with the local community. Live entertainment, community events, and support for local sports teams are key components of The Kensington Bar’s appeal. The new licensee should have the vision and creativity to curate engaging events and activities that resonate with the community. Marketing efforts, both traditional and online through social media, will play a crucial role in promoting the pub and its offerings to a wider audience. A strong understanding of the area and its demographics is essential for tailoring the pub’s offerings  to meet the needs and preferences of the local community. By leveraging the pub’s prime location and beloved status among locals, the new licensee has the opportunity to establish The Kensington Bar as the undisputed hub of the community.

 

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training£350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £63.33 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *


Keep up to date with vacancies

"*" indicates required fields

This field is for validation purposes and should be left unchanged.