Run a Star Pub - Three Tuns Bishops Castle - Shropshire

Star Pubs Leased & Tenancy; England; On-site; GBP 10,000 - 40,000; Full time

Job summary

A leading pub investment firm is offering an exciting opportunity at a refurbished pub located in Bishop's Castle, Shropshire. The operator should have extensive experience in destination hospitality and a vision for food, drinks, and marketing. Responsibilities include managing operations, enhancing customer experiences and driving trade. The estimated annual turnover is £767,434 with an annual rent of £52,778, making this a potentially lucrative opportunity.

Qualifications

• Proven experience in running or owning a pub.
• Strong marketing capability and creative ideas to drive trade.
• Ends with a clear vision for food and drinks.

Responsibilities

• Drive trade and enhance customer experience.
• Manage the function room for events and entertainment.
• Oversee pub operations post-refurbishment.

Skills

Experience in destination hospitality

Vision for food & drinks

Marketing expertise

Ability to create memorable customer experiences

Job description

Pub Overview

Exciting refurbishment planned for The Three Tuns, a pub in Bishop's Castle, Shropshire. This investment opportunity presents a premium local hospitality experience in a market town with a population of 1,893. The pub is positioned with 1,115 residents within walking distance and limited competition from four other pubs. The refurbishment includes a revamped interior, upgraded kitchen facilities, and an enhanced exterior patio, combined with a drinks selection featuring Three Tuns Brewery Ales and a menu of Great British Pub Food.

The Offer

The Three Tuns is available on our investment tenancy agreement. Further information about this agreement is available on request.

What the refurbished pub will offer

• Drinks: A revamped drinks selection featuring the full Heineken range, a Three Tuns Brewery ale, premium spirits, and a variety of soft drinks.
• Food: Great British Pub Food with hearty classics.
• Coffee: Barista-level coffee experience.
• Events: Lively entertainment and events in the function room on weekends.

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 will have extensive experience in destination hospitality, a clear vision for food & drinks, marketing, and entertainment to create a memorable customer experience. If this sounds like the opportunity you’ve been waiting for, apply today and share what you can bring to the pub’s next chapter.

Features

• Catering Kitchen
• Function Room
• Investment Tenancy
• Cask Ale
• Outdoor Trade
• Refurbishment Planned

Trading Area & Facilities

The trading area and facilities post-refurbishment will include:

• Main trading area with bar
• Separate dining room / meeting room
• Approx 110 internal covers
• Approx 18 external covers
• Catering kitchen
• Function room
• SmartDispense
• Courtyard outside trading area

Applicants should note that all refurbishments are subject to final board approval as part of the leasing process. An Investment Exemption may apply under The Pub Code (2016), which can affect the Market Rent Option lease during rent reviews for up to seven years.

Private Accommodation

The pub has no private accommodation.

Pub Financials

Estimated Total Ingoing Costs: £56,694

Estimated Minimum Ingoing Costs: £56,694

Annual Rent: £52,778

Estimated Annual Turnover: £767,434

Deposit: £13,194

Estimated Fixtures & Fittings Value: £30,000

Estimated Stock Valuation: £10,000

Estimated Working Capital: £3,500

The figures are a guide and finalised as part of the commercial agreement. All figures are exclusive of VAT. Working capital covers start-up costs such as professional fees and training. Ongoing charges include maintenance and related costs, to be outlined prior to finalising the business plan and Terms.

The Estimated Minimum Ingoing Costs assume a minimum deposit of 1 month’s rent and rented F&F. For FRI and Investment Tenancy Agreements, deposits are 3 months’ rent with F&F purchases. A 6-month rent deposit is required for operators trading under a Limited Company with no guarantors. A minimum of £10,000 un-borrowed funds is required for applicants.

Downloads

• Demographics Report Download
• Energy Performance Certificate Download
• Refurbishment Details Download