Property Description
A rare free-of-tie opportunity in the heart of Falkirk.
The Callendar Arms offers something you don’t see often - a completely free-of-tie lease, giving you full control over how you run and shape the business. We’re open-minded and genuinely interested in your ideas on how you’d make this site a success.
The area
Right in the centre of Falkirk, just moments from the bus station and surrounded by shops, this is a well-known, established pub with strong local roots and consistent trade (is this true?)
The Callendar Arms is available on our Fully Repairing and Insuring Lease (FRI) Click here for more information on this agreement. Note that in this instance the FRI we are offering is a five year fixed term, with no right to assign.
The large, open-plan trading area gives you real flexibility to put your own stamp on the space. Whether you see a wet-led local, a food-driven offer, or something more hybrid, the layout can adapt to your vision.
With a fully fitted catering kitchen already in place, there’s a clear opportunity to introduce or grow a food offer alongside the existing business.
The pub’s trading area and facilities are:
Main trading area with bar
Rear sports zone
74 internal covers
Catering kitchen
HEINEKEN SmartDispense
Small external seating (subject to licensing)
Nearby public parking
The pub has no private accommodation.
Premises license available on request.
Agreement Type
Long-Term FRI Lease
Property Facilities
Kitchen
Pub Games
Live Sports
Property Financials
Additional Information
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
