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Staging Post, Airdrie

Airdrie, ML6 0AA

Your investment

£11,000

Agreement Type

Long Term Agreement (5 Year Tenancy)
  • Fantastic location in town centre
  • Fantastic food offering
  • Established trading history

The Staging Post is located on Anderson Street, Airdrie. Surrounded by local shops with a population of approximately 37,130 people, this prime location ensures continuous footfall for this popular venue. Airdrie provides excellent transport links, both via the M8 motorway and direct commuter train services to all major cities ensuring the town is a convenient base for visiting the nearby attractions of Glasgow, Edinburgh, and Stirling, as well as the stunning landscapes of the Scottish Highlands.

Pub Layout

The trade area is a spacious galley style room with the bar to the left which leads to the small external drinking area and darts area. To the right of the entrance there is a raised area with booth seating. Just below this and facing towards the bar is more seating with high level benched areas gradually moving towards low level loose table and chairs. TV’s adorn the walls showing all live televised sports alongside individual tv’s in the booth seated areas. The contrast of booth seating areas alongside bar stools, fairy lights and high windows manages to capture the balance of the dining experience with local drinkers perfectly. Externally there is a small yard with a small smoking shelter.

The Staging Post is a community local with a reputation for good food and fantastic service. An even balanced menu, premium drinks offer, live televised sport and a busy calendar of events are currently available at the pub ensuring the Staging Post offers something a little more enticing than just your average local. Location in the town is also key to this pubs success with passing footfall increasing business alongside the core of solid locals who continue to support it.

 

 

Private Accommodation

There is no private accommodation at this site.

Annual Rent: £34,000

Security Deposit: £5,000

Working Capital: £3,000

Stock: £3,000

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.

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: £325 plus VAT

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

 

Admiral Taverns are looking for a licensee for the Staging Post who is willing to put the community at the forefront of their business. Ideally someone who is local or who knows the area, who will embed themselves in the local community, establish connections with local charities and businesses and focus on unlocking the untapped growth potential for both wet & food sales. A strong marketing plan, alongside building on the established trade will ensure the Staging Post will continue to be the pride of the local 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 – £60.89 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 *


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