Run a Star Pub - Horse & Groom Linby - Nottingham

Star Pubs Leased & Tenancy; Nottingham; On-site; GBP 22,000 - 51,000; Full time

Job summary

An exciting opportunity awaits at a characterful pub in Byron County, where your vision can transform the Horse and Groom into a thriving hub of community and entertainment. With a foundation tenancy in place, you will be responsible for enhancing the food and drink offerings, implementing creative marketing strategies, and fostering a welcoming atmosphere for patrons. This role is perfect for someone with a passion for hospitality and a knack for creating unforgettable experiences. If you have the expertise and enthusiasm to drive trade and engage with the local community, this could be your chance to shine in a vibrant setting.

Qualifications

• Extensive experience in hospitality management is essential.
• A clear vision for food and drink offerings is required.

Responsibilities

• Drive trade through innovative food and drink offerings.
• Create memorable customer experiences and manage pub operations.

Skills

Hospitality Management

Food & Drink Menu Development

Marketing Strategy

Customer Experience Creation

Education

Experience in Pub Management

Job description

Pub Overview

Calling all Romantics, Characterful Pub in Byron County!

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

The area

The Horse and Groom is located in the village of Linby, close to Hucknall and Nottingham. The pub is surrounded by rural housing.

Demographics

The pub benefits from being one of the pubs found in an area of around 553 adults within a 10-minute walk time. The Horse and Groom customer base is made up of 77% employed adults and 12% retired.

The offer

Available on our foundation tenancy agreement. The potential of this pub lies in maintaining 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. It offers a selection of cask ales, a pub classic menu, and popular beers, ciders, wines and spirits.

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 similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and 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

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

Trading Area & Facilities

• Main trading area with bar
• Separate dining room
• 86 internal covers
• 100 plus external cover
• Medium sized catering kitchen
• Function room
• SmartDispense
• Substantial rear garden the size of a couple of football pitches. Perfect for Car Shows etc
• Car park with 30 spaces

Private Accommodation

Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom and office.

Pub Financials

Estimated Total Ingoing Costs: £50,992

Estimated Minimum Ingoing Costs: £22,664

Annual Rent: £49,970

Estimated Annual Turnover: £771,780

Deposit: £12,492

Estimated Fixtures & Fittings Value: £20,000

Estimated Stock Valuation: £15,000

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. 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
• Energy Performance Certificate Download