Run a Star Pub - Waggon & Horses Nottingham - Nottingham
The Star, The Park, City of Nottingham
Run a Star Pub - Waggon & Horses Nottingham - Nottingham
Salary not available. View on company website.
The Star, The Park, City of Nottingham
- Full time
- Permanent
- Onsite working
Posted 1 day ago, 2 Jan | Get your application in today.
Closing date: Closing date not specified
job Ref: 72f566945fee427faafd8cd6514a26bc
Full Job Description
- Provide a menu of pub classics, with buffet options available for events in our function space, catering to different tastes and occasions. Coffee :
- Serve a range of great coffee options for customers to enjoy throughout the day, adding value to their visit. Events :
- While occasional entertainment adds to the atmosphere, maintain a focus on delivering quality food and drinks. Utilise the function room for live music events, including ticketed performances, to create additional revenue streams and enhance the overall pub experience. 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 Waggon & Horses will have extensive experience in premium local hospitality businesses. 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. 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... Features
- Investment Tenancy
- Refurbishment Planned
- Function Room
- Live Sports
- Music Venue
- Cask Ale
- Outdoor Trade
- Car Park
- Private Accommodation Trading Area & Facilities The Waggon & Horses 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 :
- Main trading area with bar
- 128 internal covers
- 100 external covers
- Catering kitchen
- Function room
- Smart dispense
- Beer garden
- Car park
- Conservatory 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).
Explore the Waggon & Horses, strategically located along a bustling main road on the way into Arnold, a lively town just outside Nottingham. Positioned near key landmarks and with over 3.5k residents within a 10-minute walk (and over 14k within 20 minutes), this pub offers an exceptional opportunity. With limited competition in the area, notably against our main competitor, 'The Ram Inn,' this establishment attracts a diverse mix of midlife to mature, medium to high-income customers, making it an ideal choice for a premium local experience.
The private accommodation consists of 3 bedrooms, lounge, kitchen, bathroom and a small outside seating area. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs 39,167 Estimated Minimum Ingoing Costs 14,055 Annual Rent 30,670 Estimated Annual Turnover 498,300 Deposit 7,667 Estimated Fixtures & Fittings Value 20,000 Estimated Stock Valuation 8,000 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