Run a Star Pub - Rhyddings Hotel Swansea - Swansea

Star Pubs Leased & Tenancy; Swansea; On-site; GBP 43,000 - 80,000; Full time

Job description

Run a Star Pub - Rhyddings Hotel Swansea - Swansea

Job Type: Leased & Tenancy, Pub Manager

Sector: Pubs and Bars

Contract Type: Full Time

Pub Overview

Complete refurbishment planned

A significant refurbishment will transform the Rhydding’s into a craft-led but traditional student pub. Redecorations throughout will breathe a new lease of life into this pub. Star Pubs investment will allow for all new flooring to be installed, new fixed seating, kitchen and bar upgrades, ‘instagrammable’ Beavertown beer and a full redecoration of the exterior of the pub.

City centre location

The Rhydding’s is located in the suburb of Brynmill, Swansea. Brynmill is a suburb of Swansea, about two miles to the west of the centre. It is a residential area, close to Swansea University. Many students choose to rent rooms here during term time. Aside from the student population, this is a fairly middle-class area. There are four other competitors in the area, so having the right offer is vital to attracting those and other locals.

Unmatched potential

The Rhydding’s is a well-known site in Swansea. The planned refurbishment and its local affiliation give the pub bags of potential. With new kitchen equipment, the pub will be able to provide a simple food offer as well as tap into the existing but growing local circuit for craft beers. The pub's décor will make it stand out and clearly signal the craft offering. Many of the competitor pubs serve craft but lack the vibe of the Rhydding’s. 103 internal and 52 external covers will set up the pub to be the best bar in the area. This is a pub business with great potential, all we’re missing is the right person to drive it forward.

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 entertainment offer and can create a memorable experience for their customers.

Target customers:

The newly refurbished Rhyddings will appeal to:

1. Predominantly students of the nearby Swansea University
2. Young professionals who live close-by

Offer:

The newly refurbished Rhyddings will offer:

A simple ‘with beer’ food with a focus on burgers, sharers, and sides. Its drinks will be led by an offering of craft beers from market leading brands such as Beavertown and Brixton.

Premium lagers, premium spirits, and cocktails will also feature on the menu.

The students and local adults will be able to use the venue to meet up or work from during the day and meet friends and colleagues to socialise with in the evening, both indoor and out.

Monthly entertainment, such as live sport and music will also play a role in the pubs offer.

Features

• Investment Tenancy
• Live Sports
• Pub Games
• Cask Ale
• Outdoor Trade
• Private Accommodation

Trading Area & Facilities

The Rhyddings Hotel will be undergoing a refurbishment which will cover the interior and exterior of the pub.

The pubs trading area and facilities post refurbishment will be:

• Main trading area with bar
• Sports area
• 103 internal covers
• 52 external covers
• Upgraded kitchen
• HEINEKEN SmartDispense
• Beavertown beer garden

Private Accommodation

Private accommodation consists of three bedrooms, a living room, kitchen, bathroom.

Pub Financials

Estimated Total Ingoing Costs: £54,476

Estimated Minimum Ingoing Costs: £54,476

Annual Rent: £43,905

Estimated Annual Turnover: £605,860

Deposit: £10,976

Estimated Fixtures & Fittings Value: £30,000

Estimated Stock Valuation: £10,000

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
• Energy Performance Certificate
• Refurbishment Details

Company

Make Your Mark with Star Pubs & Bars

Ready to take on your own pub?

For years, we’ve helped great publicans create the greatest pubs and bars around the UK. Our approach is simple: you’re the one with the vision and the talent, our job is to help you make it a reality. To help you do what you do best. We’re the pub business of HEINEKEN UK. That means you’ll have access to the UK’s leading portfolio of iconic beer and cider brands. All backed by our industry-leading terms and support. We’ve created our 5 Star Promise to outline our commitments and the opportunity for you on our Leased & Tenanted (L&T) model.