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External Drinking Area
FindMyPub.com
No Private Accomodation
FindMyPub.com
Letting Rooms
FindMyPub.com
Car Park
Property details
Clovenfords Village is situated 3 miles outside Galashiels, the major commercial centre in the central Scottish Borders. The village is located close to main roads to Edinburgh, Peebles and Selkirk and is surrounded by beautiful Borders countryside with many historical landmarks & attractions that draw thousands of visitors to the local area throughout the year. The Borders railway serves Galashiels from Edinburgh, which helps to increase the visitor numbers on an annual basis. Located in the centre of Clovenfords Village, 3 miles from Galashiels town centre, the pub serves as a community hub for residents in the immediate and surrounding neighbourhoods of this picturesque area of the Scottish Borders.
With an attractive bar area and adjacent conservatory, the pub offers space for a minimum of 50 covers. Additional facilities include a spacious catering kitchen, 7 ensuite letting bedrooms, and a large external terrace at the front of the pub. To the rear is a car park for 15 vehicles.
Trading Area & Facilities:
- Main trading area with bar
- 50 internal covers (Bar & Conservatory)
- 30 external covers (External Terrace)
- 7 Letting Bedrooms
- Car Park (15 spaces)
There is no private accommodation with this site.
FindMyPub.com
Team Games
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Pool Area
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Live Sports
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Experienced Operator
Trading style
The potential of this pub lies in its having three income streams driven by a Quality Food & Drinks offer and the 7 Letting Bedrooms. The pub has traditionally attracted a local clientele from the Village and surrounding neighbourhoods, who use Clovenfords as a meeting place and as a hub to have a drink, meal, or to watch televised sport, or to play a game of pool and darts. With its excellent communication links, the pub also attracts visitors to the local area, looking for good quality food and/or a drink. The letting bedrooms and conservatory area offer additional facilities, which attract Customers who wish to stay overnight, or hold a private meeting, or a private function/celebration.
The landlords are looking for enthusiastic people who are keen to run their own business, to take on Clovenfords Hotel. Experience of running a good quality licensed Food & Drinks operation would help, as would some knowledge of the local Scottish Borders area.
Having a clear vision and plan about how to attract Customers to the pub is a key to successfully building the business as a local community hub. There are many different levers and potential drivers, which will encourage a broad range of Customers to choose to come to Clovenfords. Implementing this plan well will ensure that this happens.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub’s next chapter.
Key financials
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Reference Number:
8M9JTW / 2303319101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£9,380.00
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Annual Rent:
£22,562.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware that energy performance certificates are available from the landlord.
Annual Rent £22,562
Estimated Annual Turnover £409,404
Deposit £5,641
Estimated Fixtures & Fittings Value £20,000
Estimated Stock Valuation £4,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £33,141
Estimated Minimum Ingoing Costs £9,380
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.