Run a Star Pub

3 weeks ago

Conwy, Conwy County, United Kingdom Star Pubs Leased & Tenancy Careers Full time
Pub Overview

The Blue Bell is located in the historic town of Conwy, situated in the shadows of Conwy Castle. A rare opportunity has arisen for an operator who can drive both wet and dry trade with fantastic retail standards. The Blue Bell presents a great pub opportunity with a fantastic beer garden backing onto the quayside. The pub appeals to both locals and tourists visiting the area.

Available on our foundation tenancy agreement. The potential of this pub lies in delivering excellent retail standards and executing a good quality food offer, whilst driving wet sales. The ideal wet/dry split would be 70/30 wet. What food & drink would you look to implement in the pub?

The site currently has the ability to drive trade via open mic nights and live music. It offers a selection of cask ales, popular beers, ciders, wines and spirits, and the ability exists to do a good breakfast and coffee offer.

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
  • Understanding of how to build a successful business
  • Ability to engage with customers from behind the bar

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
  • Cask Ale
  • Music Venue
  • Outdoor Trade
  • Private Accommodation


Trading Area & Facilities

  • Main trading area with bar
  • 45 internal covers with more space for vertical drinking
  • Opportunity for outdoor dining area in large outdoor trading area during warmer kitchen
  • Fully equipped, fit for purpose kitchen


Private Accommodation

Private accommodation consists of 3 bedrooms, a living room, bathroom and kitchen.

Pub Financials

Annual Rent £
26,966
Estimated Annual Turnover £
435,508
Deposit £
6,742
Estimated Fixtures & Fittings Value £
10,020
Estimated Stock Valuation £
8,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
28,262
Estimated Minimum Ingoing Costs £
13,747

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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