Run a Star Pub - Vine Nr Basingstoke - Tadley

Star Pubs Leased & Tenancy; Tadley; On-site; GBP 15,000 - 39,000; Full time

Job summary

A leading company in the hospitality sector is seeking an experienced pub operator for The Vine in Hannington, Hampshire. This opportunity involves creating a distinctive food & drink menu, managing the pub's operations, and engaging the community to enhance trade and customer experience.

Qualifications

• Experience running or owning a pub business.
• Clear vision for food & drink menu.
• Ability to create memorable customer experiences.

Responsibilities

• Develop a compelling food & drink offer.
• Utilise space for events and festivals.
• Drive trade through innovative ideas.

Skills

Extensive experience in hospitality

Vision for food & drink menu

Marketing strategy

Job description

Pub Overview

The area

The Vine is in the centre of the small village of Hannington in Hampshire. The pub is surrounded by residential housing. It benefits from being one of one pubs found in an area of around 419 adults. The main customer base is made up of mature and middle-aged adults.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in developing a well thought through food & drinksoffer. Utilising the large garden area for weddings and events and beer festivals. What food & drinks would you look to implement in the pub?

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 destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy 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

Trading Area & Facilities

Trading areas and facilities

• Main trading area with bar
• Separate dining room
• 60 internal covers in conservatory
• 150 external covers
• Catering kitchen
• Function room for 50 people
• SmartDispense
• Car park with 30 spaces

Private Accommodation

Private accommodation consists of 5 bedrooms, a living room, kitchen, bathroom.

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

£38,996

Estimated Minimum Ingoing Costs

£15,999

Annual Rent

£29,983

Estimated Annual Turnover

£417,375

Deposit

£7,496

Estimated Fixtures & Fittings Value

£18,000

Estimated Stock Valuation

£10,000

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