Closed Sites Report

Establishments Currently Not Operating • Status as of July 15, 2025

Overview

This page documents public houses and licensed establishments that are currently closed or not operating under their previous arrangements. The status information is current as of July 15, 2025, and includes details about closure dates, circumstances, and potential reopening plans where available.

Some establishments may be in transitional states, with new operators or pending reopening under different management. The information provided reflects the most recent available data.

Summary for Closed/Transitioning Pubs with Values & Spreadsheet Trading Data:

All four of these pubs (Fanny by Gaslight, Plough Tavern, Spin, Village Inn) have significant "Value" figures listed in our records. Three of these establishments (Fanny by Gaslight, Plough Tavern, and Village Inn) were still recorded as actively trading in our spreadsheet despite their actual closed status.

Spin was unique in that it was already listed as "No Barrlage" on our spreadsheet, indicating a different operational model even before its permanent closure.

The financial data presented here demonstrates the complex relationship between financial metrics (EBITDA, Barrelage) and the operational status of the business when performing valuations. For closed or non-trading pubs, the "Value" often reflects the property's real estate worth or future potential, not a multiple of its current trading profit.

Closure Date: June 2024

Closed suddenly in June 2024. The establishment is set to re-open on July 18, 2025.

Current Status (as of July 15, 2025)

Technically still in a closed/transitional state for a few more days. Scheduled to reopen in 3 days on July 18, 2025.

Financial Information

  • Value: £105,000
  • Trading & Selling Barrels: Yes
  • EBITDA: £18,215
  • Barrelage: 20
  • Rental income: £10,481
  • C&C Discount income: £7,188

Notes: Spreadsheet "Comments" column stated "Closed P4 YTD Close." The spreadsheet implicitly acknowledged its closed status, but still provided trading figures, likely historical.

Closure Date: February 2025

Owners announced retirement and put the pub up for sale in February 2025.

Current Status

While a new company ("PLOUGH TAVERN LTD") was incorporated in April 2025, news reports from May 2025 indicate that "steps to reopen" are "continuing" and there's "no timescale for when the pub could reopen." This suggests it remains closed for regular trading as it transitions.

Financial Information

  • Value: £455,000
  • Trading & Selling Barrels: Yes
  • EBITDA: £81,942
  • Barrelage: 148
  • Rental income: £53,464
  • C&C Discount income: £22,943

Notes: Spreadsheet showed it as fully trading with substantial barrelage. External info confirms it ceased trading under previous management in Feb 2025 and is in transition, with no re-opening date confirmed yet.

Closure Date: January 2024

Confirmed as permanently closed in January 2024 due to the owner's passing.

Circumstances

The establishment closed permanently following the death of the owner. Previously operated as Bottlecap Bar before becoming Spin.

Financial Information

  • Value: £325,000
  • Trading & Selling Barrels: No (listed as "No Barrlage")
  • EBITDA: £32,187
  • Barrelage: -
  • Rental income: £32,199
  • C&C Discount income: -

Notes: Spreadsheet explicitly noted "No Barrlage," and external info confirms its permanent closure in January 2024. Its value and financial figures were already distinct, not relying on barrelage.

Closure Date: December 1, 2025 (Early Lease Termination)

Lease ended early on December 1, 2025, and the building is currently empty.

Current Status

News reports from November 2024 confirmed its forced closure due to building issues. The establishment remains closed and empty. Previously operated as Auchinairn before becoming Village Inn.

Additional Details: Closed due to asbestos concerns. Status of any associated residential flats is unclear.

Source: Glasgow Times - Restaurant shut immediately over unsafe reports

Financial Information

  • Value: £275,000
  • Trading & Selling Barrels: Yes
  • EBITDA: £54,911
  • Barrelage: 183
  • Rental income: £26,090
  • C&C Discount income: £28,173

Notes: Spreadsheet "Comments" column stated "(lease ended early 12/1/25, currently empty)," clearly indicating its non-operational status. The provided trading figures are likely historical.

Financial Impact Analysis

The following calculations show the financial impact of the closed establishments on the overall portfolio totals. By subtracting the figures for the closed pubs from the original overall totals, we can determine the performance metrics for actively trading establishments only.

Original Total (All Pubs):

  • EBITDA: £2,362,168
  • Barrelage: 5,338
  • Rental Income: £1,250,030
  • C&C Discount Income: £877,863
  • Value: £13,755,000

New Total (Active Pubs Only):

  • Total EBITDA: £2,362,168 - £187,255 = £2,174,913
  • Total Barrelage: 5,338 - 351 = 4,987
  • Total Rental Income: £1,250,030 - £122,234 = £1,127,796
  • Total C&C Discount Income: £877,863 - £58,304 = £819,559
  • Total Value of Actively Trading Business: £13,755,000 - £1,160,000 = £12,595,000

Status Categories

REOPENING SOON Scheduled to reopen with confirmed date
IN TRANSITION Closed but with potential for reopening under new management
PERMANENTLY CLOSED Confirmed permanent closure with no reopening plans
EMPTY BUILDING Vacant premises with lease ended or terminated