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A hospitality management company seeks an experienced operator for a pub in Seaton Delval. This role involves developing a compelling food and drink offer, engaging the community through entertainment, and creating a memorable atmosphere for patrons. Strong experience in hospitality and a clear vision for the menu and marketing strategy are essential. The site offers ample facilities, including a catering kitchen and private accommodation, with competitive terms.
Pub Overview
The Hastings Arms is located in Seaton Delval, benefiting from little competition and a great reputation. Sitting in the heart of the community, it appeals both to the immediate locals and the surrounding areas.
The Offer
Available on our foundation tenancy agreement. The potential of this pub lies in developing a strong food & drink offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live entertainment and selection of pub games, such as pool. It offers a selection of popular beers, ciders, wines, and spirits, a pub classic menu, and cask ales.
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 hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy, and entertainment offer and can create a memorable experience for their customers.
Features
Trading Area & Facilities
Private Accommodation
Private accommodation consists of bedrooms, kitchen, a living room, and bathroom.
Pub Financials
Estimated Total Ingoing Costs: £40,472
Estimated Minimum Ingoing Costs: £12,907
Annual Rent: £30,000
Estimated Annual Turnover: £527,128
Deposit: £7,500
Estimated Fixtures & Fittings Value: £22,565
Estimated Stock Valuation: £6,907
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.
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