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A hospitality investment group seeks an experienced operator for a pub in Leeds. The role involves driving trade and ensuring a exceptional experience post-refurbishment. Desired qualifications include a strong background in hospitality, with abilities in food and beverage management and marketing strategies. This opportunity provides an attractive annual turnover and a chance to revitalize a well-located establishment.
Pub Overview
A contemporary refurbishment is planned for The George, a beautiful pub in the city centre of Leeds. The pub is situated just off the main central circuits, but in the immediate vicinity of student accommodation and Leeds General Infirmary, which can provide fantastic footfall and trade. The pub will attract tourists, students, commuters, and nearby residents.
The site is under a 15-minute walk from the train station, and the main residents in the local area fall into the top three types of Central Pulse, Student Scene, and Learners and Earners, with over 7000 of these types of adults within a 10-minute walk from The George.
The Offer
The George Leeds is available on an Investment agreement. We are always open to new ideas and would like to hear from experienced operators who can drive trade and create a memorable experience for customers.
The right operator for The George Leeds will have extensive experience in community-led hospitality businesses, a clear vision for their food and drinks menu, marketing strategy, and entertainment offer.
The George Leeds will be undergoing a refurbishment, which will cover the interior and exterior of the pub. The pub's trading area and facilities post-refurbishment will include:
Private accommodation consists of 1 bedroom, a living room, kitchen, and bathroom.
Estimated Total Ingoing Costs: £57,981
Estimated Minimum Ingoing Costs: £57,981
Annual Rent: £37,926
Estimated Annual Turnover: £598,838
Deposit: £9,481
Estimated Fixtures & Fittings Value: £35,000
Estimated Stock Valuation: £10,000
Estimated Working Capital: £3,500
Note: The above figures are provided as a guide only and will be finalized as part of the commercial agreement.