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Restaurant/Dining
Property details
Located in the picturesque market town of Kelso in the Scottish Borders, this pub occupies a prime position in the vibrant market square, surrounded by an array of independent businesses. Kelso racecourse hosts around 15 meets from September to May, attracting over 40,000 visitors annually. The town is experiencing growth, with new housing developments and an influx of younger households and families, making it an ideal investment opportunity.
The White Swan will be undergoing a refurbishment which will cover the interior and exterior of the pub.
The pub trading area and facilities post refurbishment will be:
- Main trading area with bar
- 81 internal covers
- Catering kitchen
- Function room
- Smart Dispense
There is a spacious flat with two bedrooms and a separate entrance included.
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Cask Ale
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Catering Kitchen
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Team Games
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Pool Area
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Live Entertainment
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Live Sports
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Experienced Operator
Trading style
The White Swan will offer when refurbished:
The White Swan is a two-bar operation, which will be refurbished to a high standard, creating a modern, comfortable, and relaxed space, that residents, business people, and visitors to Kelso can enjoy. The exterior of the pub will be redecorated & re-signed, both at the front and rear entrances, to give it more prominence. There is an opportunity to develop a really good quality Pub Food Offer, both daytime and evening, to complement the quality Drinks Range, which includes Cask Beer. Regular activities might include Televised Sports, Live Entertainment on Weekends, and a Quiz Night. There is also space in the front bar of the pub to hold private functions, events, and celebrations for circa 25 people.
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring, and knowledge of the Borders area would be ideal.
The landlords are looking for an enthusiastic person to relaunch the White Swan. The right Operator is likely to have
- Some knowledge of the local area in and around the Scottish Borders and Northumberland.
- Previous experience of creating & delivering a good quality Food Offer in an informal hospitality setting.
- The vision is to create a brilliant town-focused hub at the White Swan, which attracts both locals and visitors throughout the year
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 / 2303084101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£44,386.00
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Annual Rent:
£29,544.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £29,544
Estimated Annual Turnover £473,871
Deposit £7,386
Estimated Fixtures & Fittings Value £26,000
Estimated Stock Valuation £7,500
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £44,386
Estimated Minimum Ingoing Costs £44,386
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.