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Run a Star Pub - Tavern Prestwick - Prestwick

Star Pubs Leased & Tenancy

Prestwick

On-site

GBP 46,000 - 55,000

Full time

30+ days ago

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Job summary

A leading pub company is seeking an experienced operator for a premium pub in Prestwick, Scotland. The role involves transforming the venue into a top destination with a premium drinks-led environment while implementing innovative trade-driving ideas. Candidates must have a strong background in high street hospitality and the ability to create an exceptional customer experience.

Qualifications

  • Extensive experience in running or owning a pub business is required.
  • Clear vision for food & drinks menu and entertainment offer.

Responsibilities

  • Introduce a premium draft range and simple but premium food menu.
  • Drive trade through innovative ideas and effective marketing.

Skills

Experience in high street hospitality businesses
Ability to create a premium drinks menu
Effective marketing strategy development
Customer experience creation
Job description

Pub Overview

We're investing £170,000 in a rebrand and a full upgrade to transform this pub into the top destination in Prestwick for a premium pub experience. What would you do with this pub to make it a success?

The Area

Prestwick is a busy town on the Ayrshire coast, with an airport, train station, and easy links to Glasgow and nearby towns. It's a popular spot for people looking for a day or night out. The pub benefits from being on the Prestwick drinking and dining circuit with many independent restaurants, pubs and cafes. It’s a five minute walk to the station and a ten minute walk to the beach.

The Offer

The Tavern is available on our investment tenancy agreement. The refurbishment will see this become a cosy, premium drinks led pub. With an 80 / 20 wet dry split, this will fill a much-needed gap in the local market. We would expect to see the new operator introduce a premium draft range alongside lo and no alcohol options, premium spirits, cocktails and wine. A simple but premium food menu will broaden its appeal, rounding out the offer.

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 Tavern will have extensive experience in high street hospitality businesses. They will have a clear vision for their food & drinks menu, entertainment offer and marketing strategy and can create a memorable experience for their customers.

Features
  • Investment Tenancy
  • Refurbishment Planned
  • Outdoor Trade
Trading Area & Facilities

The Tavern will be undergoing a refurbishment which will cover the interior and exterior of the pub. 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
  • A distinct lounge area that could be used for events
  • Small catering kitchen
  • Function room
  • SmartDispense
  • Large beer garden

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

Private Accommodation

No Private Accommodation.

Pub Financials

Estimated Total Ingoing Costs: £42,768

Estimated Minimum Ingoing Costs: £42,768

Annual Rent: £37,870

Estimated Annual Turnover: £504,000

Deposit: £9,468

Estimated Fixtures & Fittings Value: £22,300

Estimated Stock Valuation: £7,500

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
  • Refurbishment Details
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