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Run a Star Pub

4 months ago

Rotherham S, Rotherham, United Kingdom Star Pubs Leased & Tenancy Careers Full time
Pub Overview

The area

The Plough is located in the town of Rotherham, in the heart of the community.

Demographics

The pub benefits from being one of 2 pubs found in an area of around 2,274 adults. The diverse customer base is made up of elderly couples, younger singles, and families.

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 good value food & drinks offer, along with a calendar of events for the community to enjoy. What would you look to implement in the pub?

The site currently has the ability to drive trade through its food & drinks offer, live sports, entertainment, pub games such as pool, and it’s patio area with space for outdoor seating in the summer months.

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 similar hospitality business. They will have a clear vision for their food & drinks offer, and the ability to entertain and create memorable experiences 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...
  • 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
  • Private Accommodation
  • Outdoor Trade
  • Weekly Billing


Trading Area & Facilities

  • Main trading area with bar
  • Separate dining room
  • 30 internal covers
  • 20 external covers
  • Catering kitchen
  • SmartDispense
  • Outdoor Patio Area


Private Accommodation

Private accommodation consists of bedrooms, bathroom, kitchen, and living room.

Pub Financials

Annual Rent £
21,585
Estimated Annual Turnover £
436,851
Deposit £
5,396
Estimated Fixtures & Fittings Value £
10,000
Estimated Stock Valuation £
7,500
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
26,396
Estimated Minimum Ingoing Costs £
12,798

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.