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Run a Star Pub

4 months ago

Tring HP, Tring, United Kingdom Star Pubs Leased & Tenancy Careers Full time
Pub Overview

The Black Horse is an affluent neighbourhood pub just off the main high street. It is in a good location surrounded by pubs, coffee shops and restaurants.

The Black Horse Tring is available on our foundation tenancy agreement. Click here for more information on this agreement .

The pub would benefit from quiz nights, sports, karaoke, and a strong rhythm of the week to attract customers day and night. 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 pubs next chapter...

Features

  • Foundation Tenancy
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation


Trading Area & Facilities

The pubs trading area and facilities are:
  • Main trading L shaped bar
  • 44 internal covers
  • 60 external covers
  • Catering kitchen
  • SmartDispense
  • Large outdoor garden with outdoor bar
  • Public parking nearby


Private Accommodation

Private accommodation consists of 4 bedrooms, a living room, kitchen, bathroom.

Pub Financials

Annual Rent £
44,298
Estimated Annual Turnover £
567,066
Deposit £
11,075
Estimated Fixtures & Fittings Value £
25,000
Estimated Stock Valuation £
7,500
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
47,075
Estimated Minimum Ingoing Costs £
47,075

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.