Run a Star Pub - Royal Sun Begbroke - Kidlington

The Star, Kidlington, Oxfordshire

Run a Star Pub - Royal Sun Begbroke - Kidlington

Salary not available. View on company website.

The Star, Kidlington, Oxfordshire

  • Full time
  • Permanent
  • Onsite working

Posted 1 day ago, 2 Jan | Get your application in today.

Closing date: Closing date not specified

job Ref: a84ca37497ca4bc5b9e3d5b1b0e9b9f1

Full Job Description

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 similar 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.

  • Private Accommodation
  • Catering Kitchen
  • Car Park
  • Refurbishment Planned
  • Foundation Tenancy
  • Trading Area & Facilities The Royal Sun after upgrade will have trendy wallpapers and comfy furnishings. Outside, the facade is getting spruced up with eye catching signs and lighting.
  • Open plan trading area which flows easily from the bar area to the dining area.
  • 63 covers internally
  • 38 covers externally
  • Private Accommodation The private accommodation at the Royal Sun consists of three-bedroom, lounge, kitchen and bathroom. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs 34,109 Estimated Minimum Ingoing Costs 34,109 Annual Rent 20,435 Estimated Annual Turnover 340,115 Deposit 4,344 Estimated Fixtures & Fittings Value 18,000 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. 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

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