Run a Star Pub - Dubliners Thornaby - Stockton On Tees

Star Pubs Leased & Tenancy; Tees Valley; On-site; GBP 12,000 - 52,000; Full time

Job summary

A leading pub management company in the UK is offering an exciting investment tenancy at The Dubliner’s, located in Thornaby. This opportunity is ideal for individuals with extensive hospitality experience who can drive trade and deliver a unique customer experience. The pub, currently undergoing refurbishment, has excellent potential with an estimated annual turnover of £440,025 and various financial requirements. Join us to shape the next chapter of this vibrant local establishment.

Qualifications

• Extensive experience in hospitality businesses required.
• Clear vision for food & drinks menu essential.
• Proven marketing strategy and entertainment offerings.

Responsibilities

• Manage all aspects of pub operations.
• Create memorable experiences for customers.
• Implement refurbishment plans approved by the board.

Skills

Experience in hospitality

Vision for food & drinks menu

Marketing strategy development

Ability to drive trade

Job description

Pub Overview

The pub is located in Thornaby, close to the university and business park. The area is unique in that the business park and university provide an alternative customer base to the nearby Stockton High Street. The demographics are skewed to young and low affluence, driven by students and young workers. There are 2,332 adults within a ten‑minute walk and 16,302 within a twenty‑minute walk. There are five other pubs within a ten‑minute walk, with the closest being The Market Tavern, and the rest on Stockton High Street. The pub is also near a transport hub close to student and young people’s housing, a train station and numerous business and light industrial businesses.

The Dubliner’s is available on our investment tenancy agreement. Click here for more information on this agreement.

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 Dubliner’s will have extensive experience in hospitality businesses. They will have a clear vision for their food & drinks menu, entertainment offer and marketing strategy and can create a memorable experience for their customers.

We’re always open to new ideas, what would you do to drive trade?

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

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

Trading Area & Facilities

The Dubliner’s will be undergoing a refurbishment which will cover the full interior of the pub. A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.

The pub’s trading area and facilities post refurbishment will be:

• Main trading area with bar
• 97 internal covers
• 94 external covers
• Catering kitchen
• SmartDispense
• Beer garden

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

Private accommodation consists of 2 bedrooms.

Pub Financials

Estimated Total Ingoing Costs £51,856

Estimated Minimum Ingoing Costs £12,372

Annual Rent £26,905

Estimated Annual Turnover £440,025

Deposit £6,726

Estimated Fixtures & Fittings Value £35,000

Estimated Stock Valuation £6,630

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
• Download arrow
• Refurbishment Details Download arrow