Run a Star Pub - Stags Head Lincoln - Lincoln

Star Pubs Leased & Tenancy; Lincoln; On-site; GBP 16,000 - 47,000; Full time

Job summary

An exciting opportunity awaits at a family-friendly pub in Lincoln, looking for a passionate operator to lead its next chapter. This vibrant establishment is positioned in a prime tourist area, offering a unique blend of a large function room and a beautiful beer garden. The ideal candidate will bring extensive experience in hospitality, a clear vision for enhancing customer experiences, and a commitment to maintaining high operational standards. If you have the drive to create memorable moments for guests and thrive in a dynamic environment, this role could be your perfect fit!

Benefits

Private Accommodation

Car Park

Childrens Play Area

Function Room

Qualifications

• Extensive experience in a similar hospitality business is essential.
• Ability to create memorable experiences for customers.

Responsibilities

• Manage pub operations and ensure high standards of service.
• Develop a clear vision for the pub's future and customer engagement.

Skills

Hospitality Management

Customer Experience Creation

Business Operations

Education

Experience in Running a Pub

Job description

Pub Overview

Family Friendly Pub & Restaurant

The Stags Head sits in Newport, at the gateway to the historic Lincoln Bailgate and Cathedral Quarter. Lincoln is a very popular tourist city attracting many visitors all year round.

The Stags Head is supported by an enviable catchment area made up of families, students and mature couples enjoying city life.

This substantial pub offers excellent features such as a large function suit, catering for all occasions and a hidden gem is located at the rear of the pub, in the form of a large beer garden.

Passionate Pub Operator Wanted!

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 the pub 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

• Catering Kitchen
• Childrens Play Area
• Foundation Tenancy
• Function Room
• Car Park
• Private Accommodation

Trading Area & Facilities

Internally, beautiful flagstone flooring and modern décor, in addition to generous amounts of light from the large windows, create an enjoyable space for guests. The Stags Head has a large bar at the front of the building complemented with a separate dining area in the conservatory to the rear with 60 covers. Overall the pub can easily accommodate 100 plus covers putting it in an enviable position this close to Lincoln’s main tourist attractions.

The function room is on the first floor and has capacity for 120 guests. This makes it unique in this part of the city.

Externally, a contemporary signage and lighting scheme ensures excellent kerb appeal. A sizeable fully enclosed beer garden exists at the rear of the pub and there are great car parking facilities available for 20 vehicles.

Private Accommodation

The private accommodation at the Stags Head, Lincoln consists of an office, three bedrooms, kitchen, lounge and bathroom.

Pub Financials

Estimated Total Ingoing Costs: £46,601

Estimated Minimum Ingoing Costs: £16,275

Annual Rent: £33,304

Estimated Annual Turnover: £631,525

Deposit: £8,326

Estimated Fixtures & Fittings Value: £24,775

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.

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, and 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 arrow
• Energy Performance Certificate Download arrow