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TOWN CENTRE SITE

Bar Home New

Albion Street, Glasgow, Glasgow, G1 1NY

Ingoing Cost: £25,835
Annual Rent: £100,000

Features
Trading style
Key financials

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Function Room

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No Private Accomodation

Property details

Bar Home is a stylish and well-established bar located on Albion Street in the heart of Glasgow's vibrant Merchant City. Known for its contemporary atmosphere and strong social appeal, the venue has built a reputation as a popular destination for cocktails, craft beers, casual dining, live sport and entertainment.

The business successfully caters to a broad range of occasions, from after-work drinks and casual dining through to boozy brunches, private celebrations and late-night socialising. With an established customer base, versatile trading space and strong reputation within Glasgow's hospitality scene, Bar Home presents an excellent opportunity for an experienced operator to further develop both daytime and evening trade.

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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Live Sports

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Experienced Operator

Trading style

The ideal operator will be an experienced and commercially driven hospitality professional with a proven track record in managing high-volume city-centre venues. Experience within cocktails, premium drinks, food-led operations and late-night entertainment would be highly advantageous.

This opportunity would suit a creative and energetic individual or partnership with excellent leadership skills and a passion for delivering memorable customer experiences. The successful operator will understand how to maximise opportunities through brunches, private functions, DJ events, seasonal promotions and social media marketing while maintaining exceptional standards of service and operational performance.

Key financials

Reference Number: FH4FW1 / 159956
Agreement Type: Tenancy

Min Ingoing Cost: £25,835.00
Annual Rent: £100,000.00

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:	£1,148,002 pa
Forecast Wet Turnover:	£930,377
Forecast Dry Turnover:	£206,305
Forecast Other Turnover:	£11,320
Guide Rent Annual:	£100,000
Turnover Rent Annual:	£28,892
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).	3 %

Financial Details

Full Deposit:	£25,000
Agreement Fee:	£835
Repair Fund:	£77 pw
Fixtures / Fittings:	£192 pw

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