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TOWN CENTRE SITE

Nether Inn New

Nethergate, Dundee, Angus, DD1 4ED

Ingoing Cost: £14,585
Annual Rent: £55,000

Features
Trading style
Key financials

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No Private Accomodation

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Restaurant/Dining

Property details

The Nether Inn is a well-established, student-focused pub located on Nethergate in the heart of Dundee city centre. Just a short walk from the University of Dundee, the venue has built a strong reputation as a lively social hub, attracting students, young professionals, local residents and visitors throughout the year.

The pub combines a strong food and drink offer with live sport, entertainment and social events, creating multiple reasons for customers to visit. Popular student promotions, quizzes, live music, pool and televised sport help drive trade across both daytime and evening occasions, making The Nether Inn one of the city's most recognised student-friendly venues.

Private Accommodation

There is no private accommodation available with this opportunity.

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Catering Kitchen

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Team Games

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Experienced Operator

Trading style

The ideal operator will be an energetic and commercially driven publican with experience managing busy, wet-led hospitality businesses. A strong understanding of the student market and experience developing food, sport and entertainment offers would be highly advantageous.

This opportunity would suit someone who thrives on creating atmosphere and maximising trade through promotions, events and local partnerships. The successful operator will be confident building relationships with the University of Dundee, student societies and local organisations while maintaining excellent standards of customer service and operational management. Strong leadership skills and the ability to manage seasonal trading fluctuations will be key to driving sustainable growth.

Key financials

Reference Number: FH4FW1 / 171158
Agreement Type: Tenancy

Min Ingoing Cost: £14,585.00
Annual Rent: £55,000.00

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.

Business Details

Forecast Turnover:	£1,246,673 pa
Forecast Wet Turnover:	£1,158,759
Forecast Dry Turnover:	£87,914
Guide Rent Annual:	£55,000
Turnover Rent Annual:	£50,184
Turnover Rent (%): Instead of a fixed monthly rent, you'll pay a base rent (guide rent demonstrated above) plus a percentage of your net turnover (the percentage is demonstrated above).	4 %

Financial Details

Full Deposit:	£13,750
Agreement Fee:	£835
Repair Fund:	£77 pw
Fixtures / Fittings:	£168 pw

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