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

Star Pubs Leased & Tenancy; Bishop Auckland; On-site; GBP 10,000 - 435,000; Full time

Job summary

An established industry player is offering an incredible opportunity for a passionate individual to take the reins of a vibrant pub in Bishop Auckland. With a strong customer base and a focus on food and drink, this role invites creative minds to enhance the pub's offerings and drive trade through innovative ideas. The ideal candidate will possess extensive experience in hospitality, a clear vision for menus, and a knack for creating memorable customer experiences. This is your chance to shape the future of a beloved local establishment and make a lasting impact in the community.

Benefits

Private Accommodation

Catering Kitchen

Live Sports

SmartDispense

Qualifications

• Extensive experience in high street hospitality business is essential.
• Clear vision for food & drinks menu and entertainment offer.

Responsibilities

• Develop a strong food & drink offer to drive trade.
• Create memorable experiences for customers through entertainment.

Skills

Hospitality Management

Food & Beverage Management

Marketing Strategy

Customer Experience

Education

Experience in Running a Pub

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.

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

• 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 finalized 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 finalized 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
• Energy Performance Certificate