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Run a Star Pub

4 months ago

Alcester Warwickshire, United Kingdom Star Pubs Leased & Tenancy Careers Full time
Pub Overview

You could be just the right applicant for this job Read all associated information and make sure to apply.

The area

The Bulls Head Inn is located in the town of Bideford Bid, close to the river Avon and only a short 15-minute drive from the Historical town of Stratford -Upon- Avon. The pub is surrounded by shops, food and retails outlets and mixed housing.

Demographics

The pub benefits from being one of 3 pubs found in an area of around 3500 adults. The majority customer base is made up of families, mature people, and tourists.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in developing a well thought through food & drinksoffer and marketing strategy. What would you look to implement in the pub?

The site currently has the ability to drive trade via a small food offering, a selection of pub games, such as darts and pub games machines. It offers a selection of, popular beers, ciders, wines and spirits, and good bar menu.

We’re always open to new ideas, what would you do to drive trade?

Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
  • Understanding of the local community
  • You know what it takes to build a successful business
  • You love hospitality and are great with customers

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...

Features

  • Foundation Tenancy
  • Catering Kitchen
  • Outdoor Trade
  • Private Accommodation
  • Pub Games


Trading Area & Facilities

  • Main trading area with bar
  • Approx 30 internal covers
  • Approx 40 external covers
  • Small catering kitchen
  • Large outside trading area with garden


Private Accommodation

Private accommodation consists of bedrooms (number to be confirmed), a living room, kitchen and bathroom

Pub Financials

Annual Rent £
20,778
Estimated Annual Turnover £
299,484
Deposit £
5,195
Estimated Fixtures & Fittings Value £
10,000
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
23,695
Estimated Minimum Ingoing Costs £
10,232

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.