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Run a Star Pub

3 months ago

High Wycombe Buckinghamshire, United Kingdom Star Pubs Leased & Tenancy Careers Full time
Pub Overview

The experience expected from applicants, as well as additional skills and qualifications needed for this job are listed below.

The Belle Vue is located in the town of High Wycome, close to the town centre.

The pub benefits from being one of 4 pubs found in an area of around 3770 adults. The main customer base is made up of Families, Professional couples, and young people under the age of 35.

Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in maintaining a strong wet offer. We are looking for a great local operator that can really drive the wet sales and has strong connections in the music scene. A great live music offer will be key in the pub’s success.

The site currently has the ability to drive trade via great live entertainment. It offers a selection of popular beers, ciders, wines and spirits,

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 pub will have extensive experience in a community led hospitality business. They will have a clear vision for their entertainment offer, drinks menu and marketing strategy 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 pub’s next chapter.

Features

  • Foundation Tenancy
  • Music Venue
  • Outdoor Trade
  • Private Accommodation


Trading Area & Facilities

  • Main trading area with bar
  • Traditional Pub
  • One bar operation
  • Internal covers and external
  • Lovely sized beer garden


Private Accommodation

Private accommodation consists of 3 bedrooms, kitchen, bathroom, a living room. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.

Pub Financials

Annual Rent £
16,373
Estimated Annual Turnover £
259,171
Deposit £
4,093
Estimated Fixtures & Fittings Value £
2,695
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
15,288
Estimated Minimum Ingoing Costs £
9,864

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.