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For Companies At a Glance
- Tasks: Manage the Northwood Inn, engaging with the community and driving business success.
- Company: The Northwood Inn is a beloved local pub in Stoke-On-Trent, known for its welcoming atmosphere.
- Benefits: Enjoy private accommodation, a vibrant community, and the chance to shape the pub's future.
- Why this job: Join a community favourite and bring your ideas to life in a lively pub environment.
- Qualifications: Passion for hospitality and understanding of the local community are essential; experience is a bonus.
- Other info: This role offers a foundation tenancy agreement with opportunities for creativity and growth.
The predicted salary is between 36000 - 60000 £ per year.
Pub Overview
Full refurbishment of community pub
The Northwood offers a great opportunity for someone who wants to take on a well-backed, newly refurbished pub with plenty of potential.
What would you do with this pub to make it even more of a success?
The area
The pub benefits from being one of the pubs found in an area with a population of around 11,800 in the Northwood ward, with Stoke-on-Trent city having over 250,000 residents. The customer base is made up of young, midlife and mature adults.
Northwood, Stoke-on-Trent, is close to local green spaces like Northwood Park, historic pubs such as the ancient Cat Inn, and notable churches like Holy Trinity Church, while major city attractions including the Potteries Museum, bet365 Stadium, Trentham Estate, and Gladstone Pottery Museum are a short drive away, tying into the city\’s rich ceramic heritage.
The offer
The Northwood is available on our investment tenancy agreement. Click here for more information on this agreement.
With the right operator this could be the best local pub in the community.
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 Northwood will have extensive experience in community led hospitality businesses. They will have a clear vision for their food & drinks menu, entertainment offer and marketing strategy and can create a memorable experience for their customers.
Features
- Investment Tenancy
- Pub Games
- Outdoor Trade
- Private Accommodation
- Refurbishment Planned
Trading Area & Facilities
The pubs trading area and facilities post refurbishment will be:
- Main trading area with bar
- HEINEKEN SmartDispense
- Enclosed beer garden
- Patio area around the front and side of the venue
- Private accommodation
- Pub Games
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, 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 three bedrooms, a living room, kitchen, bathroom.
Pub Financials
Pub Financials Icon
Estimated Total Ingoing Costs
£26,054
Estimated Minimum Ingoing Costs
£26,054
Annual Rent
£21,616
Estimated Annual Turnover
£300,719
Deposit
£5,404
Estimated Fixtures & Fittings Value
£11,150
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
- Demographics Report Download arrow
- Energy Performance Certificate Download arrow
- Refurbishment Details Download arrow
Run a Star Pub - Northwood Inn Stoke-On-Trent - Stoke On Trent employer: Star Pubs Leased & Tenancy
Contact Detail:
Star Pubs Leased & Tenancy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Run a Star Pub - Northwood Inn Stoke-On-Trent - Stoke On Trent
✨Tip Number 1
Get to know the local community! Spend some time in the Northwood area, chat with locals, and understand their preferences. This will help you tailor your offerings and create a welcoming atmosphere that resonates with the residents.
✨Tip Number 2
Think about innovative ideas to enhance the pub experience. Consider hosting themed nights, live music events, or community charity fundraisers. Show us how you can make the Northwood Inn a hub for socialising and entertainment.
✨Tip Number 3
Familiarise yourself with the competition in the area. Visit other pubs nearby to see what they offer and identify gaps in the market. This knowledge will help you position the Northwood Inn as the go-to spot for locals.
✨Tip Number 4
Prepare to showcase your customer service skills. Think of examples from your past experiences where you've gone above and beyond for customers. We want to see your passion for hospitality and how you can create memorable experiences for our patrons.
We think you need these skills to ace Run a Star Pub - Northwood Inn Stoke-On-Trent - Stoke On Trent
Some tips for your application 🫡
Understand the Community: Before applying, take some time to understand the local community around the Northwood Inn. Think about how you can engage with them and what unique offerings you could bring to enhance their experience at the pub.
Craft a Unique Business Plan: In your application, outline your vision for the pub. Include innovative ideas on how to drive trade, such as events, promotions, or community engagement strategies that would appeal to the diverse demographic of the area.
Highlight Relevant Experience: Even if you don't have direct experience in running a pub, emphasise any relevant skills or experiences in hospitality, customer service, or business management that demonstrate your capability to succeed in this role.
Show Your Passion for Hospitality: Make sure to convey your love for the hospitality industry in your application. Share personal anecdotes or experiences that illustrate your commitment to providing excellent customer service and creating a welcoming atmosphere.
How to prepare for a job interview at Star Pubs Leased & Tenancy
✨Know Your Community
Familiarise yourself with the local community and its demographics. Understand what makes the Northwood Inn a favourite spot for locals and think about how you can enhance that connection.
✨Bring Fresh Ideas
Prepare to discuss innovative ideas that could drive trade at the pub. Whether it's new events, promotions, or menu items, showing your creativity will impress the interviewers.
✨Showcase Your Hospitality Skills
Demonstrate your passion for hospitality and customer service. Share examples of how you've successfully engaged with customers in the past and how you plan to create a welcoming atmosphere.
✨Understand Financials
Be ready to discuss the financial aspects of running a pub. Familiarise yourself with the estimated costs and turnover mentioned in the job description, and be prepared to talk about how you would manage these effectively.
