Run a Star Pub - Railway Tavern Prestonpans - Prestonpans

Star Pubs Leased & Tenancy; Prestonpans; On-site; GBP 31,000 - 293,000; Full time

Job summary

A leading pub company is seeking a skilled operator for The Railway Tavern in Prestonpans, Scotland. The ideal candidate will have extensive experience in running pubs and a strong vision for enhancing the community atmosphere. The Railway Tavern offers a vibrant setting with potential for great investment following refurbishment. Responsibilities include managing the drinks menu, engaging with local customers, and driving trade. Competitive annual rent and turnover estimates available.

Qualifications

• Extensive experience in the pub industry.
• Ability to create a community-led hospitality offer.
• Experience engaging local customers.

Responsibilities

• Drive trade and attract customers to the pub.
• Manage the drinks menu and entertainment.
• Engage with the local community and foster relationships.

Skills

Experience in running a pub

Knowledge of local area

Customer engagement

Vision for drinks and entertainment

Job description

Pub Overview

Transformational investment of the exterior of the pub with a complete upgrade of the interior. Provides an opportunity to create the best local community pub in the area.

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

The Area

East Lothian’s Local, The Railway Tavern is situated in the town of Prestonpans on the main street surrounded by local amenities and shops. With a growing population driven by new housing developments, there is a significant potential customer base living within walking distance of the pub. The pub is also a short walk from the train station, making it a convenient stop for commuters and tourists travelling to nearby Edinburgh and North Berwick

Prestonpans Premier Pick! The Railway Tavern pub has the potential to be a great investment opportunity for the right operator. The pub has 57 internal covers and a small number of external covers to the front and rear, providing ample space for customers to relax and socialise.

The Offer

When refurbished, the Railway Tavern will offer:

• A good range of drinks including classic and premium lagers, spirits, wines, and cocktails as well as soft drinks too.
• A range of live sports and entertainment in the form of quiz and karaoke nights
• A coffee offer

The Railway Tavern, Prestonpans is available on our 3 year fixed term Foundation Tenancy.

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 Railway Tavern, Prestonpans will have extensive experience and knowledge of the local area, who can engage with local customers and create a brilliant community led hospitality offer. They will have a clear vision for their drinks menu, sports offer and entertainment offer and can create a memorable experience for their customers.

Features

• Investment Tenancy
• New Deal
• Live Sports
• Refurbishment Planned
• Music Venue

Trading Area & Facilities

The Railway Tavern will be undergoing a refurbishment which will cover the interior and exterior of the pub.

A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.

The pubs trading area and facilities post refurbishment will be:

• Main trading area with bar
• 57 internal covers
• 20 external covers in front of the pub
• Small meeting room
• Smart Dispense

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

There is no Private Accommodation at this pub.

Pub Financials

Estimated Total Ingoing Costs: £31,483

Estimated Minimum Ingoing Costs: £31,483

Annual Rent: £19,932

Estimated Annual Turnover: £292,176

Deposit: £4,983

Estimated Fixtures & Fittings Value: £18,000

Estimated Stock Valuation: £5,000

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.

Downloads

• Demographics Report
• Drinks Menu
• Energy Performance Certificate
• Refurbishment Details