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Run a Star Pub

2 months ago

Carluke South Lanarkshire, United Kingdom Star Pubs Leased & Tenancy Careers Full time
Pub Overview

Check out the role overview below If you are confident you have got the right skills and experience, apply today.

Destination Inn set in a beautiful location

We are taking this pub to the next level - making The Station Inn THE pub in the area

What would you do with this pub to make it even more of a success?

The area

Nestled in the heart of the South Lanarkshire countryside, surrounded by fields and cottage homes lies the Station Inn, Braidwood. Braidwood is a village near Carluke and close to the popular towns of Hamilton, Wishaw and Motherwell. A popular destination pub, this premises is a regular with visitors to the area and local residents alike. There is a range of customers in the local area including modern parents and empty nesters. Around 2,000 people (18+) live within a 20 min walking distance of the pub with this set to grow.

The offer

The Station Inn is available on our Three Year fixed term Foundation Tenancy.

The Station Inn has the potential to be THE pub in the area..

• An extensive range of classic and premium lagers, spirits, wines, and cocktails and low and no alcohol options.

• A crowd pleasing menu full of pub classics to complement the drinks offer.

• The entertainment offer should complement the pub with regular events such as weekend music and Pub Quiz

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

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.

The right operator for the Station Inn will have extensive experience in destination food outlet hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their 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 pubs next chapter...

Features

  • Foundation Tenancy
  • Refurbishment Planned
  • Catering Kitchen
  • Outdoor Trade
  • Car Park


Trading Area & Facilities

The Station Inn will be undergoing a refurbishment which will cover the interior and exterior of the pub.

A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.

The pubs trading area and facilities post refurbishment will be:
  • Main trading area with bar
  • Separate dining room
  • 89 internal covers
  • 42 external covers
  • Catering kitchen
  • Smart Dispense
  • Beer garden Click or tap here to enter text.

Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).

Private Accommodation

The pub has no private accommodation

Pub Financials

Annual Rent £
43,370
Estimated Annual Turnover £
621,241
Deposit £
10,842
Estimated Fixtures & Fittings Value £
33,000
Estimated Stock Valuation £
10,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
57,342
Estimated Minimum Ingoing Costs £
57,342

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.

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