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No Private Accomodation
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Coastal
Property details
East Lothian’s Local, The Railway Tavern, is situated in the town of Prestonpans on the main street, surrounded by local amenities and shops. With a growing population driven by new housing developments, there is a significant potential customer base living within walking distance of the pub. The pub is also a short walk from the train station, making it a convenient stop for commuters and tourists travelling to nearby Edinburgh and North Berwick.
The pub's trading area and facilities post-refurbishment will be:
- Main trading area with bar
- 57 internal covers
- 20 external covers in front of the pub
- Small meeting room
- Smart Dispense
There is no private accommodation at this site.
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Cask Ale
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Live Entertainment
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Live Sports
Trading style
A significant investment of around £190,000 will transform the exterior and upgrade the interior of this pub, providing a superb opportunity to restore its position at the heart of the local community.
Prestonpans Premier Pick! The Railway Tavern pub has the potential to be a great investment opportunity for the right operator. The pub has 57 internal covers and a small number of external covers to the front and rear, providing ample space for customers to relax and socialise.
The Offer:
When refurbished, the Railway Tavern will offer:
- A good range of drinks, including classic and premium lagers, spirits, wines, and cocktails, as well as soft drinks.
- A range of live sports and entertainment in the form of quizzes and karaoke nights
- A coffee offer
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for the Railway Tavern, Prestonpans, will have extensive experience and knowledge of the local area, and can engage with local customers and create a brilliant community-led hospitality offer. They will have a clear vision for their drinks menu, sports offer, and entertainment offer, and can create a memorable experience for their customers.
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 / 2302839101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£31,483.00
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Annual Rent:
£19,932.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Annual:
Estimated Annual Turnover £292,176
Annual Rent £19,932
Entry Costs:
Deposit £4,983
Estimated Fixtures & Fittings Value £18,000
Stock Valuation £5,000
Working Capital Required £3,500
Indicative entry costs £31,483
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.