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Run a Star Pub - Three Tuns Eastwood - Nottingham
Star Pubs Leased & Tenancy
Nottingham
On-site
GBP 9,000 - 24,000
Full time
30+ days ago
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Job summary
An exciting opportunity to take over a community-focused pub awaits you! This vibrant establishment seeks an enthusiastic individual who understands the local community and has a passion for hospitality. You will have the chance to implement innovative ideas to drive trade, whether through live sports or engaging pub games. With a solid foundation tenancy agreement and a welcoming atmosphere, this role offers a unique chance to shape the pub's future and create memorable experiences for customers. If you're ready to lead a thriving pub and make a positive impact in the community, don't miss out on this incredible opportunity!
Benefits
Private Accommodation
Outdoor Trade
Car Park
Qualifications
- Attitude is more valuable than experience.
- Looking for someone who loves hospitality and is great with customers.
Responsibilities
- Maintain a well thought through wet-led offer.
- Drive trade via live sports and pub games.
Skills
Understanding of the local community
Business development skills
Customer service skills
Job description
Pub Overview
Fantastic opportunity to take over a community focused pub.
The Area:
The Three Tuns is a traditional community pub situated within a residential area just off the end of Eastwood High Street, the pub benefits from being close to Eastwood FC football ground.
Demographics:
The pub benefits from being one of 16 pubs found in an area of around 5,131 adults. The Three Tuns Eastwood customer base is made up of young, midlife, and mature adults.
The Offer:
Available on our foundation tenancy agreement. The potential of this pub lies in maintaining a well thought through wet-led offer. What drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live sports, selection of pub games, such as pool, and darts.
We’re always open to new ideas, what would you do to drive trade?
Qualifications:
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you:
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
Trading Area & Facilities
Private Accommodation
Private accommodation consists of three bedrooms, a living room, kitchen, bathroom.
Pub Financials
Estimated Total Ingoing Costs: £23,688
Estimated Minimum Ingoing Costs: £9,541
Annual Rent: £12,494
Estimated Annual Turnover: £259,753
Deposit: £3,123
Estimated Fixtures & Fittings Value: £12,065
Estimated Stock Valuation: £5,000
Estimated Working Capital: £3,500
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.
Downloads
Fantastic opportunity to take over a community focused pub.
The Area:
The Three Tuns is a traditional community pub situated within a residential area just off the end of Eastwood High Street, the pub benefits from being close to Eastwood FC football ground.
Demographics:
The pub benefits from being one of 16 pubs found in an area of around 5,131 adults. The Three Tuns Eastwood customer base is made up of young, midlife, and mature adults.
The Offer:
Available on our foundation tenancy agreement. The potential of this pub lies in maintaining a well thought through wet-led offer. What drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live sports, selection of pub games, such as pool, and darts.
We’re always open to new ideas, what would you do to drive trade?
Qualifications:
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 pub’s next chapter...
Features
- Foundation Tenancy
- Outdoor Trade
- Car Park
- Private Accommodation
Trading Area & Facilities
- Main trading area with bar
- 75 internal covers
- 50 external covers
- Outdoor Trade
- Car park with 30 spaces
Private Accommodation
Private accommodation consists of three bedrooms, a living room, kitchen, bathroom.
Pub Financials
Estimated Total Ingoing Costs: £23,688
Estimated Minimum Ingoing Costs: £9,541
Annual Rent: £12,494
Estimated Annual Turnover: £259,753
Deposit: £3,123
Estimated Fixtures & Fittings Value: £12,065
Estimated Stock Valuation: £5,000
Estimated Working Capital: £3,500
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.
Downloads
- Demographics Report
- Energy Performance Certificate
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