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Run a Wells

1 month ago

Bedfordshire, United Kingdom Wells & Co. Pub Partners Careers Full time
Job Description:

Key Highlights


Be one of the first applicants, read the complete overview of the role below, then send your application for consideration.
  • 3 months free rent - saving £6,625 BII Membership
  • Prominent location in Shefford on the High Street
  • Affluent and up and coming town close to A1(M)
  • Recently refurbished
  • Garden, patio outdoor smoking area

Pub Overview

The Bridge is a two bar operation, with a quieter bar/lounge to the front and a more community based bar to the rear with multiple TVs and a live entertainment setup to offer additional ways to engage with customers of all ages and interests.

While The Bridge is already well known and loved amongst its local community, with the opportunity to develop food sales further at the site we are now looking for an operator with the vision to recognise all the sites potential and the ambition to release the next chapter in it's history to utilise all its facilities including the beer garden.

Location

Enjoying a prime location on Shefford’s High Street, The Bridge is ideally situated to profit from the wealth of retail outlets, local businesses and residential housing on its doorstep. While the pub’s focus has traditionally been on sport and entertainment-led activity, its two separate bar areas, garden, and dedicated parking lend it the versatility to cater to a wide range of events and clientele. Shefford is a small town of over 7,000 people and growing with new houses being built on the outskirts of the town. The village has 3 fantastic large schools in attracting more affluent families to the area. Shefford is also next to Chicksands RAF base with a population of a further 2,500.

Property

Two storey building in good order, with car parking and garden to the rear, patio, and outdoor smoking shelter to the side of the property. The pub benefits from trading in two separate bar areas, serviced from a central bar servery. The bar lounge is situated at the front of the pub and features include a plasma screen. The rear bar features darts, 2 screens and lighting equipment for the provision of live entertainment. The pub has overall 50 covers, of which 35 a more suitable for food. The pub is serviced from a ground floor cellar, storage areas and trade kitchen. The first floor comprises a lounge/diner, 3 bedrooms, kitchen, bathroom and WC.

Business Potential

As the pub is run as a tenanted operation, we do not have access to audited accounts. From previous experience, based on the style of operation and location, we would anticipate that The Bridge has the fair maintainable turnover in excess of £273,000 p/a gross sales, bringing a potential profit before drawings of £29,100 p/a plus machines estimated at £4,000 p/a.

Suitable Applicants

Hands on experienced retailers, committed to providing great hospitality and able to engage with the local community. The ideal applicant will have an appreciation of the commercial financial skills required to operate their own business, an ability to drive sales through a range of activities and an interest in developing food as part of the overall business.

Estimated Costs:

Total estimated ingoing costs £17,575

Annual rent £26,500

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