Overview

Could you run this pub Glasgow?

The Wheatsheaf is a well-loved village pub with located at the heart of Torrance in Glasgow. It has a welcoming cosy feel and is known amongst its loyal locals for its quality drinks offer. It also has great potential to develop a food menu that compliments the pubs traditional feel. The pub plays host to many events that brings the local community together including live music nights.

The trading area is split into three, with a recently refurbished main bar area that has a warm feel with an open fire, which also houses the showing of all key sporting events through Sky Sports. There is a comfy lounge opposite the bar that is the perfect place for customers to relax with a drink, and a separate restaurant area for dining that boasts up to 60 covers. The pub benefits from good parking facilities with as many as 20 spaces.

About the local area

Torrance is a small village a few miles north of Glasgow in East Dunbartonshire. The county is known for its stunning lochs, reservoirs and views of rolling hills that travel for miles and has previously been voted the best place in Britain to raise a family. The village itself is also surrounded by beautiful views and greenery. With a close-knit community, it brings loyal customers to the Wheatsheaf as well as those from smaller villages within the surrounding area of the pub.

Ideal operator

This is the perfect pub opportunity for a local Publican who thrives when operating at the heart of the community and wants to build long lasting relationships. Experience in developing a classic pub food offer would also be beneficial as there is great potential to develop this side of the business.

About the Agreement

Our Tenancy agreements vary between 3 – 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.
You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have dedicated Operations Manager, plus access to training and development, business planning, operations and accounting expertise.
Once you’ve completed the 5-day induction course we’ll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice.

Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.

* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or Operations Manager

Financial Information

Initial Deposit*
£3,000
Full Deposit
£6,250
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£36
Working Capital
£2,000 - £4,000
Street Check
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Business Information

Annual Rent
£25,000
Forecasted Annual Wet Turnover
£258,266
Forecasted Annual Food Turnover
£78,157
Forecasted Annual Other Turnover
£4,550
Weighted Average Discount Per Barrel
£131
Agreement
3 Year Tenancy

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