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Run a Star Pub - Stanes Glenrothes - Huntsman Road

Star Pubs Leased & Tenancy

United Kingdom

On-site

GBP 30,000 - 40,000

Full time

6 days ago
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Job summary

A vibrant pub opportunity in Cadham, Glenrothes, seeking experienced operators to manage The Stanes. With a focus on community engagement and quality offerings, the role involves overseeing a refurbishment and creating a welcoming atmosphere for families and sports fans alike. Ideal candidates will have a strong background in hospitality and a vision for enhancing the pub's food and drinks menu, as well as its entertainment options.

Benefits

Refurbishment Planned
Catering Kitchen
Live Sports
Music Venue
Outdoor Trade

Qualifications

  • Experience running or owning a pub business.
  • Clear vision for food & drinks menu and entertainment.

Responsibilities

  • Create a memorable experience for customers.
  • Drive trade with innovative ideas.

Skills

Hospitality Experience
Community Knowledge
Marketing Strategy

Job description

Pub Overview

Initially available on flexible terms prior to investment - Enquire for more information

In Cadham, Glenrothes, the Stanes sits at the heart of the community, surrounded by essential amenities and residential housing. With nearly 2,000 residents within a 10-minute walk and almost 6,000 within 20 minutes, it's a growing area with a mix of mature households and new housing developments. Competitors are few, with just one other pub nearby.

Appealing to families, sports fans, and groups of friends, the revamped pub offers a straightforward, warm atmosphere. With 98 covers, including 36 dining-friendly spots, and potential outdoor seating, there's plenty of room for different customers. Ideal for experienced operators with knowledge of Fife, the renovation plans focus on creating a modern, inviting space for enjoying live sports, pool, and good food and drinks. From premium lagers to crowd-pleasing meals, The Stanes is on its way to being the local go-to for quality entertainment and hospitality.

The offer

The Stanes is available on our foundation tenancy agreement. Click here for more information on this agreement .

When refurbished, The Stanes will offer:

Drinks: An extensive drinks range including premium lagers, craft beers & ales. There will also be a wide range of soft drinks, wines & spirits.

Food: A tempting array of crowd-pleasing dishes carefully crafted to satisfy every palate.

Coffee: Start the day right with a bean-to-cup coffee offering, ensuring a fresh and satisfying brew every time.

Events: Imagine a strong rhythm of the week with full sports package and live entertainment.

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 Stanes will likely have experience in similar hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment and sports offer and can create a memorable experience for their customers. Also they will understand the local community and have a good knowledge of Fife.

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 next chapter...

Features

  • Refurbishment Planned
  • Catering Kitchen
  • Live Sports
  • Music Venue
  • Investment Tenancy
  • Outdoor Trade


Trading Area & Facilities

The Stanes 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
  • Separate dining area
  • Games area
  • 98 internal covers
  • Small catering kitchen
  • SmartDispense
  • Outside trading to the front of the pub

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

Private Accommodation

There is no private accommodation at this site.

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

£40,806

Estimated Minimum Ingoing Costs

£40,806

Annual Rent

£28,023

Estimated Annual Turnover

£478,579

Deposit

£7,000

Estimated Fixtures & Fittings Value

£22,800

Estimated Stock Valuation

£7,500

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 Download arrow
  • Energy Performance Certificate Download arrow
  • Refurbishment Details Download arrow
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