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City centre pub offered on new tenancy agreement with Star Pubs & Bars

Dundee, Dundee City, Scotland

  • Leasehold Price: £66,000
Seller Reference: Mercantile
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Business Description
 
 
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Seller Reference: Mercantile
Request Details
Business Description
- New tenancy agreement from Star Pubs & Bars
- City centre licensed premises with full refurbishment planned
- Focus on premium all-day eating and drinking in a relaxed environment
- New commercial kitchen
- Experienced operator sought

An extensive refurbishment by Star Pubs & Bars is proposed to the former Mercantile Bar in Dundee city centre.

The Mercantile will be transformed into a premium bar which is able to trade strongly throughout the day. Rebranded as Smith’s, the refurbished pub will be well placed to accommodate office workers for coffee in the mornings, shoppers and office workers for lunch and an after-work crowd in the early evening. It will also become part of the circuit later at night through live entertainment.

The pub will be focused on premium all-day eating and drinking in a relaxed environment. Moving away from traditional lunch and dinner menus, sharing boards and small plates will be key elements of the food menu, alongside some traditional pub classics. A strong world beer offer will run alongside a premium cocktail menu and wine list, all of which will ensure a drinks offering that caters to all tastes and occasions.

Star Pubs & Bars is the pub business of Heineken and further information can be obtained from their informative website www.starpubs.co.uk

Tenure:
Leasehold
Location Details:
This large venue is located in central Dundee, just off the main shopping street and within walking distance of attractions such as the waterfront and the recently opened V&A. It's therefore very well placed to take advantage of the positive changes in the area and attract footfall.
Leasehold Term:
The property is offered on the basis of a new lease agreement from Star Pubs & Bars at a rental of £66,000 per annum. An experienced operator is sought for this opportunity.
Listed by:
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