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Run a Star Pub - Crown & Anchor Old Woking - Old Woking

Star Pubs Leased & Tenancy

Woking

On-site

GBP 11,000 - 31,000

Full time

30+ days ago

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Job summary

An established industry player is seeking a passionate pub operator to lead a charming riverside venue. This role offers the chance to create a memorable experience for customers through innovative food and drink offerings, engaging marketing strategies, and vibrant community events. With a focus on enhancing the pub's success, the ideal candidate will bring substantial experience in hospitality management and a clear vision for the establishment's future. If you're ready to shape the next chapter of this beloved local pub, this opportunity is perfect for you!

Benefits

Car Park
Catering Kitchen
Letting Rooms
Outdoor Trade
Private Accommodation

Qualifications

  • Extensive experience in managing a destination food outlet.
  • Clear vision for food & drinks menu and marketing strategy.

Responsibilities

  • Drive trade through community events and live entertainment.
  • Develop a well-thought-out food & drink offering.

Skills

Hospitality Management
Food & Beverage Management
Marketing Strategy
Event Planning

Education

Experience in Pub Management
Business Management Knowledge

Job description

Pub Overview

A beautiful English riverside pub that has a restaurant and letting rooms. What would you do to make it even more of a success?


The area

The Crown & Anchor is a riverside pub that has rooms and a restaurant. It is minutes away from some of the best golf courses, theme parks & attractions in the country. The pub is surrounded by residential housing.


Old Woking is a thriving and much-loved suburb approximately 1.5 miles from Woking town centre. The Crown & Anchor is the only pub within a 20-minute walk.


Demographics

The pub benefits from being in an area of around 10,815 adults within a 20-minute walk. The medium to high affluent customer base is made up of young families and midlife individuals.


The offer

Available on our foundation tenancy agreement. The potential of this pub lies in developing a well thought through 80/20 food & drink offer. What food would you look to implement in the pub?


The site currently can drive trade via community events, live entertainment, and live sports. It offers a selection of popular beers, ciders, wines, spirits, a pub classic 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.


The right operator for the pub will have extensive experience in a destination food outlet within a hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy, and entertainment offer that 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 pub’s next chapter...


Features

  • Car Park
  • Catering Kitchen
  • Foundation Tenancy
  • Letting Rooms
  • Outdoor Trade
  • Private Accommodation

Trading Area & Facilities

  • Main trading area with bar
  • 54 internal covers
  • 40 external covers
  • Medium kitchen
  • Large Beer garden
  • Car park with 9 spaces
  • 4 Letting rooms

Private Accommodation

Private accommodation available


Pub Financials

Estimated Total Ingoing Costs: £30,004

Estimated Minimum Ingoing Costs: £11,213

Annual Rent: £32,554

Estimated Annual Turnover: £445,289

Deposit: £8,139

Estimated Fixtures & Fittings Value: £13,365

Estimated Stock Valuation: £5,000

Estimated Working Capital: £3,500


The above figures are provided as a guide only and will be finalized 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 finalized 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 months' rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 months' 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 of £10,000 un-borrowed funds.


Downloads

  • Demographics Report
  • Energy Performance Certificate
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