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For Companies At a Glance
- Tasks: Manage a vibrant pub, curate events, and oversee letting rooms.
- Company: Join Star Pubs & Bars, a leader in community-focused hospitality.
- Benefits: Enjoy a competitive salary, private accommodation, and the chance to shape a local gem.
- Why this job: Be part of a unique pub experience in a charming village with great potential for growth.
- Qualifications: Experience in hospitality and a passion for community engagement are essential.
- Other info: Refurbishment plans are in place to enhance the pub's appeal.
The predicted salary is between 24000 - 36000 £ per year.
Pub Overview
This charming pub is nestled in the quaint village of Stogursey, home to a close-knit community of 877 residents and conveniently situated just 12 miles from Taunton, a popular Somerset tourist destination with picturesque villages and breath-taking beaches. The immediate demographic within the village is closely-knit, while a mature and diverse audience of nearly 22,000 adults resides within a 20-minute drive, offering a rich pool of potential patrons. In the village, this pub stands alone without direct competitors, making it a beacon of social gathering, offering a unique experience that combines the warmth of a village local with the allure of nearby landmarks and the broader appeal of Bridgwater and its beautiful surroundings.
This pub is a fantastic investment opportunity with its unique position as the sole village pub in Stogursey, poised to fulfil the high expectations of the locals, offering both the charm of a traditional pub and modern amenities. The ideal operator for this gem would be one capable of curating a vibrant, community-focused pub, rich in events, and adept at leveraging resources like Sky Sports, local charities, and the influx of tourists visiting the area. Moreover, the efficient management of four letting bedrooms will be vital to maximize occupancy and further boost revenue, solidifying this pub's potential as a standout destination in the area.
The Greyhound Inn is available on our investment tenancy agreement. When refurbished, the Greyhound will appeal to:
- Families looking for somewhere local to enjoy a quality, good value meal.
- Couples & groups of friends looking for a quality venue to watch the sport.
- Tourists & contractors looking for comfortable accommodation.
When refurbished, the Greyhound will offer:
- A full Heineken range drink offer
- A menu full of great pub classics
- A simple coffee offer
- Live sports through Sky Sports
- Competitive socialising through pool & darts
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 Greyhound Inn will have extensive experience in a similar community led hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy and sports 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:
- Refurbishment Planned
- Investment Tenancy
- Catering Kitchen
- Pub Games
- Outdoor Trade
- Letting Rooms
- Private Accommodation
- Trading Area & Facilities
The Greyhound Inn 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
- Separate lounge / dining area
- Separate Sports area
- 44 dining and 26 drinking internal covers
- 20 external covers
- Catering kitchen
- SmartDispense
- Four letting rooms
- Outside trading area with garden
- 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 consists of a bedroom/lounge and kitchenette open plan flat.
Estimated Total Ingoing Costs: £29,871
Estimated Minimum Ingoing Costs: £29,871
Annual Rent: £20,063
Estimated Annual Turnover: £307,057
Deposit: £5,015
Estimated Fixtures & Fittings Value: £13,356
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.
Run a Star Pub - Greyhound Inn Bridgwater - Bridgwater employer: JobFlurry
Contact Detail:
JobFlurry Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Run a Star Pub - Greyhound Inn Bridgwater - Bridgwater
✨Tip Number 1
Familiarise yourself with the local community in Stogursey. Understanding the demographics and preferences of the residents will help you tailor your offerings and create a welcoming atmosphere that resonates with them.
✨Tip Number 2
Think about innovative events or activities that could attract both locals and tourists. Consider hosting quiz nights, live music, or themed evenings to create a vibrant social hub that draws in a diverse crowd.
✨Tip Number 3
Leverage the unique selling points of the Greyhound Inn, such as its sole pub status in the village and proximity to tourist attractions. Highlight these aspects in conversations with potential patrons and partners to build excitement around your vision.
✨Tip Number 4
Network with local businesses and charities to establish partnerships that can enhance your pub's reputation and reach. Collaborating with nearby establishments can lead to cross-promotional opportunities that benefit everyone involved.
We think you need these skills to ace Run a Star Pub - Greyhound Inn Bridgwater - Bridgwater
Some tips for your application 🫡
Understand the Pub's Vision: Before applying, take time to understand the unique vision for the Greyhound Inn. Consider how your experience aligns with their goal of creating a vibrant, community-focused pub and think about specific ideas you can bring to enhance the customer experience.
Tailor Your CV: Make sure your CV highlights relevant experience in community-led hospitality businesses. Emphasise any previous roles where you successfully managed a pub or similar establishment, focusing on your ability to curate events and manage letting rooms.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the hospitality industry and detail your vision for the Greyhound Inn. Mention specific strategies for attracting both locals and tourists, and how you plan to leverage local resources like Sky Sports and community events.
Showcase Your Financial Acumen: Given the financial details provided, demonstrate your understanding of pub financials in your application. Discuss how you would manage costs and maximise revenue, particularly through the letting rooms and food and drink offerings.
How to prepare for a job interview at JobFlurry
✨Know Your Community
Familiarise yourself with the local community of Stogursey and its demographics. Understanding the needs and preferences of the residents will help you tailor your pub's offerings and create a welcoming atmosphere.
✨Showcase Your Experience
Be prepared to discuss your previous experience in running or managing a pub. Highlight any successful events or initiatives you've implemented that fostered community engagement and increased patronage.
✨Present a Vision
Come to the interview with a clear vision for the Greyhound Inn. Discuss your ideas for the food and drinks menu, marketing strategies, and how you plan to leverage local events and sports to attract customers.
✨Engage with Ideas
Demonstrate your willingness to innovate by sharing fresh ideas on how to drive trade. Whether it's through themed nights, partnerships with local charities, or unique promotions, showing creativity can set you apart.
