Run a Star Pub - Coach & Horses Kibworth - Leicester

Star Pubs Leased & Tenancy; East Midlands; On-site; GBP 40,000 - 60,000; Full time

Job summary

A pub operator is sought for a stunning village pub in East Midlands. The ideal candidate will have a strong understanding of local community needs and a passion for hospitality. This role involves implementing a compelling food & drink menu and driving trade through creative initiatives. The pub offers a foundation tenancy agreement and comes with various attractive features for success.

Qualifications

• Understanding of the local community.
• Ability to build a successful business.
• Passion for hospitality and great customer service.

Responsibilities

• Implement a successful food & drink offer.
• Drive trade through creative ideas.
• Manage the pub effectively and engage with the community.

Job description

Pub Overview

Stunning village pub in the heart of the village! Fantastic potential for the right operator to introduce an excellent food offering and transform it into the go-to venue that everyone knows and loves.

What would you do with this pub to make it even more of a success?

The area

The Coach & Horses is located in a prominent position in the village of Kibworth Beauchamp. The pub is surrounded by residential housing. It boasts excellent kerb appeal and attracts passing trade, with locals visiting on foot and customers traveling from the city to experience this beautiful, traditional destination pub.

It has excellent kerb appeal and benefits from passing trade, from locals visiting the pub by foot and customers wishing to travel outside the city to visit this beautiful, traditional, destination pub.

The pub benefits from being one of three pubs found in an area of around 7326 adults. The current customer base spans a wide range of ages.

The offer

Available on our foundation tenancy agreement. The potential of this pub lies in developing a well thought through 70/30 food & drink offer. What food & drinks would you look to implement in the pub?

The site effectively attracts business by being a fantastic pub for the local community, offering a variety of cask ales, a classic pub menu, and coffees.

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.

Although, we also welcome applications from non-experienced candidates, as attitude can be as valuable as experience. So, 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

Features

• Foundation Tenancy
• Catering Kitchen
• Cask Ale
• Car Park
• Outdoor Trade
• Private Accommodation

Trading Area & Facilities

• Main trading area with bar
• Separate dining room
• 60 internal covers
• 40 external covers
• Catering kitchen
• Smart Dispense
• Small outdoor trading area
• Car park with 15 spaces

Private Accommodation

Private accommodation consists of 2 bedrooms, a living room, kitchen, bathroom, and separate toilet room.

Pub Financials

Estimated Total Ingoing Costs: £34,723

Estimated Minimum Ingoing Costs: £13,649

Annual Rent: £25,794

Estimated Annual Turnover: £403,814

Deposit: £6,448

Estimated Fixtures & Fittings Value: £16,775

Estimated Stock Valuation: £8,000

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.

Downloads

• Demographics Report
• Energy Performance Certificate