Run a Star Pub - Royal Oak North Berstead - Bognor Regis

Star Pubs Leased & Tenancy; Bognor Regis; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading pub leasing company is seeking an experienced operator for The Royal Oak in Bognor Regis. The ideal candidate will have a strong community focus, a clear vision for the food and drinks menu, and the ability to engage actively in community events. Responsibilities include maintaining a successful wet let trade and enhancing the pub's food offerings.

Qualifications

• Experience in managing a pub with a focus on community engagement.
• Ability to develop a successful food and drinks menu.
• Strong interpersonal skills to connect with customers and the community.

Responsibilities

• Maintain and grow the wet let trade.
• Develop the food offer and cater to local community needs.
• Lead community events and create memorable customer experiences.

Skills

Extensive experience in community led pub business

Vision for food & drinks menu

Involvement in community events

Job description

Pub Overview

The Royal Oak is a well-known & loved community pub in Bognor Regis. What would you do with this pub to make it even more of a success?

The Area: The Royal Oak is in the town of North Bersted, within Bognor Regis, about a mile from the sea front. The pub is surrounded by roads.

Demographics: The pub benefits from being one of two pubs found in an area of around 5,379 adults. The customer base is made up of mostly mid-life to older customers of medium affluence.

The Offer: Available on our foundation tenancy agreement. The potential of this pub lies in maintaining its strong wet let trade, and community spirit. There is scope to develop the food offer. The site is well connected to local dart and rugby teams and involved in charity events for the community.

The right operator for the pub will have extensive experience in a community led pub business. They will have a clear vision for their food & drinks menu and be actively involved in community events, creating a memorable experience for their customers, and community as a whole.

Features

• Foundation Tenancy
• Catering Kitchen
• Car Park
• Outdoor Trade
• Private Accommodation

Trading Area & Facilities

• Main trading area with bar
• 40 internal covers
• Small catering kitchen
• HEINEKEN SmartDispense
• Small courtyard garden with four benches
• Car park with 30 spaces

Private Accommodation

Private accommodation consists of two bedrooms and a lounge.

Pub Financials

Estimated Total Ingoing Costs: £31,801

Estimated Minimum Ingoing Costs: £11,600

Annual Rent: £37,202

Estimated Annual Turnover: £407,287

Deposit: £9,301

Estimated Fixtures & Fittings Value: £14,000

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.

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. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

Downloads

• Demographics Report Download arrow
• Energy Performance Certificate Download arrow