01283 501999

Scotia Bar

Scotia Bar, 7-11 Summerfield Terrace, Aberdeen, AB24 5JB
Initial Ingoings*:
£6,750
Facilities
  • Function Room
  • Live Sports
  • Team Games
  • Wifi

Overview

Could you run this pub?
The Scotia, Aberdeen is a traditional community pub sat on a cobbled road, with a loyal and regular weekend following. The pub is drinks led and offers two good sized bars, each with a separate serving area. The public bar is well equipped after recent refurbishment and each area has separate toilets. The lounge bar doubles as a function room and offers space for bar sports. There is an established pool and darts team that frequent the pub and the local area is full of residents with an increase in students and young professionals moving into the area. This is a great opportunity to provide a welcoming drinking spot for those nearby to relax after a busy day or enjoy a daytime drink.

Business Facilities
The site is traditionally set up and presented. Both bars have had recent refurbishment and can operate separately from each other. Each trading area has its own toilets. The pub also offers live TV sports and WiFi.

Accommodation
There is no accommodation with this pub.

About the local area
Aberdeen is a fantastic city in North East Scotland. It is a beautiful place between the mountains and coastline, offering stunning forests, moorlands and sandy beach views. It is full of history with hundreds of castles, and is widely known for its long summer days and occasional Northern Lights in the winter.
The Scotia is a town pub which sits on Summerfield Terrace, on the roadside between King Street and Park Street and within easy walking distance to the beach area. It is located close to Aberdeen FC and trades well on game days. There is an increasing base of students (with student accommodation across the area) and first time buyers. The pub is also in easy reach of major supermarkets and takeaways.

This pub may suit
This opportunity may suit a first-time operator/manager who is keen to move into running their own pub. As it stands, the site trades well at the weekend but requires a Publican with real passion, personality, ideas and drive to market the business and grow the customer base and present potentially a great offer to the market.

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 Punch Development 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 Punch Development Manager

Financial Information

Initial Deposit*
£6,000
Legals Fees
£750
Maintenance Fund Per Week
£40
Working Capital
£2,000 - £4,000
Street Check
Click Here

Relevant Downloads

Enquire about this pub

Keep me up to date via email with:

This site uses cookies.
By continuing to browse the site you are agreeing to our use of cookies. Find out more here.