Run a Star Pub

2 weeks ago

Alcester B, Alcester, United Kingdom Star Pubs Leased & Tenancy Careers Full time
Pub Overview

This enchanting pub is nestled in the heart of Wixford just outside Stratford-upon-Avon. Next to the River Arrow and in close proximity to the esteemed Radley Hall and Gardens.

The Fish stands out as social hub for an affluent demographic age 45 and above. With 174 potential patrons within a 10-minute walk and an impressive 451 within 20 minutes, the pub has a opportunity to tap into a community that appreciates quality and leisure.

The offer

The Fish Inn is available on our investment tenancy agreement. Click here for more information on this agreement .

When refurbished, The Fish Inn offer will be:
  • A mix of premium drinks across all categories.
  • An excellent soft drinks range
  • A full and extensive pub food range with daily specials keeping up with the changing consumer demands.
  • Coffee offer for customers anytime of the day to early evening
  • Entertainment, including theme nights.

Target customers

The fish Inn will appeal to:

Local Residents and Food Enthusiasts:
  • Approximately 160,000 people within a 20-mile drive radius who appreciate the pub’s history as a destination food outlet.
    Outdoor and Social Enthusiasts:
  • Locals and guests drawn to the beautiful riverside setting for sunny garden drinks in extensive grounds, catering to outdoor and social experiences.
    Cosy Atmosphere Seekers:
  • Customers looking for a warm and cosy environment in winter, intrigued by the pub’s great history and tradition.
    Family-Friendly Visitors and Event Attendees:
  • Families seeking a welcoming environment and individuals attending events or gatherings, taking advantage of the pub’s extensive grounds for various functions.


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 Fish Inn will have extensive experience in destination food outlet hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer 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 pubs next chapter...

Features

  • Investment Tenancy
  • Catering Kitchen
  • Car Park
  • Outdoor Trade
  • Private Accommodation


Trading Area & Facilities

The Fish Inn will be undergoing a refurbishment which will cover the interior and exterior of the pub.

A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.

The pubs trading area and facilities post refurbishment will be:
  • Main trading area with bar
  • Dining area
  • 70 internal covers
  • Circa 80 external covers
  • Catering kitchen
  • Annex and flat for operator use (not for letting out)
  • Smart Dispense
  • Very large garden area
  • Car park
  • Adjacent Land for up to 10 caravans

Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).

Private Accommodation

Private accommodation consists of 2 bedrooms, a living room, kitchen, bathroom, and office . Also has an annex and flat for operator use (not for letting out)

Pub Financials

Annual Rent £
49,679
Estimated Annual Turnover £
722,665
Deposit £
12,420
Estimated Fixtures & Fittings Value £
32,200
Estimated Stock Valuation £
15,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
63,120
Estimated Minimum Ingoing Costs £
63,120

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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