Run a Star Pub - Victoria Lostock Hall - Preston
The Star, Preston
Run a Star Pub - Victoria Lostock Hall - Preston
Salary not available. View on company website.
The Star, Preston
- Full time
- Permanent
- Onsite working
Posted 1 day ago, 2 Jan | Get your application in today.
Closing date: Closing date not specified
job Ref: d342fa29d10249d8b2d75737ff436057
Full Job Description
Drinks : Explore an exceptional array of premium beers, cask ales, and a delightful selection of spirits at The Victoria. Our offerings also include refreshing non-alcoholic options for those seeking something different. Food : Savour a variety of pub classics and weekly specials that offer a delicious twist on traditional favourites. Coffee : Start your day with a cup of warmth from our simple yet satisfying coffee selection. The specific offerings will be tailored by you for a personalised touch. Events : Imagine The Victoria as more than just a pub; it's a venue for unforgettable events. Consider hosting your next celebration or gathering with us. From weekly quizzes to monthly acoustic sessions, our space is perfect for creating lasting memories.
Attitude is more valuable than experience. If you've got the following, we'd love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with 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 pubs next chapter... Special Offer - unlike standard terms for Investment Tenancies, we are offering the option to rent the Fixtures & Fittings with three months' deposit. Features
- Refurbishment Planned
- Investment Tenancy
- New Deal
- Catering Kitchen
- Music Venue
- Outdoor Trade
- Car Park
- Private Accommodation Trading Area & Facilities The Victoria 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 pubs trading area and facilities post refurbishment will be :
- 3 trading areas with central bar
- 35 internal dining covers
- 41 external covers
- New kitchen
- Smart Dispense
- Outside trading areas
- Car park 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 & Bars, 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, a living room, kitchen, bathroom and office. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs 16,334 Estimated Minimum Ingoing Costs 16,334 Annual Rent 27,336 Estimated Annual Turnover 439,369 Deposit 6,834 Estimated Fixtures & Fittings Value 29,000 Estimated Stock Valuation 6,000 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