Run a Star Pub - Sun Lemsford - Welwyn Garden City

Star Pubs Leased & Tenancy; Welwyn Garden City; On-site; GBP 60,000 - 80,000; Full time

Job summary

A major pub management company is seeking an operator to manage a well-backed, refurbished pub in Welwyn Garden City with a great potential for success. The ideal candidate will have food experience and a strong vision for creating a welcoming community venue. You will oversee daily operations and have the freedom to add your own touches post-refurbishment while driving trade through innovative ideas and exceptional customer service.

Benefits

Private accommodation

Potential for refurbishment

Established customer base

Qualifications

• Experience in running or owning a pub business is beneficial.
• Ability to handle financial aspects of the pub operations.
• Capability to develop and implement strategies to increase trade.

Responsibilities

• Manage daily operations of the pub.
• Enhance customer experiences to drive trade.
• Lead refurbishment efforts and develop a stable menu.

Skills

Food experience

Strong vision for community engagement

Ability to deliver quality all-day offer

Job description

Pub Overview

Premium Local pub with food and garden in Lemsford.

The Sun offers a great opportunity for someone who wants to take on a well-backed, refurbished pub with plenty of potential.

What would you do with this pub to make it even more of a success?

The area

The pub benefits from being the only pub within a 20-minute walk in an area of around 4,578 adults. The customer base is highly affluent, with families, couples, and older residents forming the core market.

Lemsford is an attractive village in Hertfordshire, close to Welwyn town centre and Brocket Hall. With Central Welwyn and Welwyn Garden City just a 10-minute drive away, the pub is ideally placed to attract both local residents and visitors.

The offer

The Sun is available on our investment tenancy agreement. Click here for more information on this agreement.

The refurbishment will strengthen the pub’s position as a Premium Local, with new external signage, redecoration and minor garden improvements. Internally, the pub is already in good condition, though a new operator will have scope to add their own finishing touches. With a full pub classics menu, strong drinks range, coffee, and a mix of entertainment from quizzes to gin and wine tasting events, the Sun has the potential to become a true all-day, all-week hub.

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 Sun will ideally have food experience, the ability to deliver a quality all-day offer, and a strong vision for creating a welcoming community venue.

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

• Investment Tenancy
• Refurbishment Planned
• Catering Kitchen
• Outdoor Trade
• Private Accommodation

Trading Area & Facilities

The Sun will be undergoing a refurbishment which will cover external areas with new signage, redecoration and minor external works, alongside some kitchen upgrades.

A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.

The pub’s trading area and facilities post refurbishment will be:

• Main trading area with bar
• 34 internal dining covers
• 84 external covers
• Catering kitchen with upgrades
• HEINEKEN SmartDispense®
• Garden and car park
• 3-bedroom private accommodation

Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

Where a significant investment is made in a pub by Star Pubs, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).

Private Accommodation

Private accommodation consists of 3 bedrooms.

Pub Financials

Pub Financials Icon

• Estimated Total Ingoing Costs: £54,145
• Estimated Minimum Ingoing Costs: £54,145
• Annual Rent: £54,768
• Estimated Annual Turnover: £679,397
• Deposit: £13,692
• Estimated Fixtures & Fittings Value: £28,953
• Estimated Stock Valuation: £8,000
• 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.

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