Star Pubs & Bars
Investment Tenancy
Estimated minimum ingoing costs £42,458
Annual rent £21,832
Star Pubs is offering an Investment Tenancy opportunity at The Gunsmiths on Union Street in Inverness.
This is a newly refurbished city centre pub positioned close to Inverness train station and surrounded by shops, food outlets and established hospitality venues.
About the pub
The Gunsmiths benefits from strong footfall, with thousands of adults living within a short walking distance.
The customer base includes a mix of mid to high affluence levels, over indexing in younger demographics while also attracting a strong mature segment.
A major refurbishment is planned, creating an updated and welcoming environment. Works include interior and exterior improvements, a reduced bar to increase trading space, refreshed toilets and a new small prep area to support a light bite food offer such as wings, nachos and paninis.
The opportunity
The pub is available on an Investment Tenancy agreement.
There is clear potential to develop a drinks led offer supported by live sport, local music, quizzes and entertainment, appealing to couples and groups looking for both relaxed midweek trade and lively weekends.
Star Pubs is seeking an experienced operator with a clear vision for drinks, entertainment and marketing strategy.
This opportunity suits someone with high street hospitality experience who understands how to build repeat trade and create a memorable customer experience.
Trading areas and facilities
Main trading area with bar
89 internal covers
Catering kitchen
SmartDispense system
Refurbishment planned
There is no private accommodation included with this tenancy.
Financial overview
Estimated total ingoing costs £42,458
Estimated annual turnover £318,667
Annual rent £21,832
Deposit £5,458
Estimated fixtures and fittings value £27,000
Estimated stock valuation £6,500
Estimated working capital £3,500
Figures are provided as a guide and will be confirmed during the commercial agreement process.
Applicants must have a minimum of £10,000 un borrowed funds.
How to apply
Apply through the Star Pubs recruitment portal
Your application goes directly to the employer. No agencies. No nonsense.