Run a Star Pub - Station Hotel Bishop Auckland - Bishop Auckland

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

Job description

Pub Overview

The Station Hotel is located in the town of Bishop Auckland, close to Bishop Auckland train station and Auckland Castle. The pub is surrounded by shops, food and retail outlets and mixed housing. The pub benefits from being one of 8 pubs found in an area of around 5,000 adults. The customer base is made up of singles & cohabitees without children, elderly and home sharers.

Available on our foundation tenancy agreement. The potential of this pub lies in developing 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 popular beers, ciders, wines and spirits, a pub classic menu, and coffees.

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 high street 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.

Features

• Foundation Tenancy
• Catering Kitchen
• Live Sports
• Private Accommodation

Trading Area & Facilities

• Main trading area with bar
• 60 internal covers
• Catering kitchen
• SmartDispense
• Decked garden area

Private Accommodation

Private accommodation consists of 4 bedrooms, kitchen, bathroom, a living room and office. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.

Pub Financials

Estimated Total Ingoing Costs: £40,721

Estimated Minimum Ingoing Costs: £10,769

Annual Rent: £27,222

Estimated Annual Turnover: £434,433

Deposit: £6,806

Estimated Fixtures & Fittings Value: £25,415

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
• Energy Performance Certificate