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- Tasks: Run a vibrant pub, create a quality food menu, and host exciting events.
- Company: Join Star Pubs & Bars, known for revitalising local pubs and creating memorable experiences.
- Benefits: Enjoy private accommodation, outdoor trade space, and the chance to shape a community hub.
- Why this job: Be part of a pub transformation in a stunning location, attracting locals and tourists alike.
- Qualifications: Experience in hospitality and a clear vision for food, drinks, and entertainment is essential.
- Other info: Investment tenancy agreement with estimated costs and support for your pub journey.
The predicted salary is between 36000 - 60000 £ per year.
Exciting refurbishment planned for this pub with multiple revenue stream opportunities in the picturesque village of Malborough. This straightforward pub will have a wonderful revamp, giving a new operator the chance to implement a quality food menu offering with a selection of crowd pleasers that can be further developed by the new licensee. The pub can offer live sports and can host events catered to customer demand to help drive a healthy rhythm of the week. With the addition of three letting rooms, the Old Inn will provide the perfect base for a steady influx of tourists looking to explore the South Devon area, an area of outstanding natural beauty.
The Old Inn is ideally situated near major tourist locations in the picturesque town of Malborough, and just a short drive from Salcombe. It is close to major tourist attractions such as South Milton Sands, Hope Cove, and Soar Mill Cove, to name a few. It is also near local caravan and camping sites, making it an ideal place for locals and holidaymakers to visit for breakfast, lunch, or tea. The pub is surrounded by shops, food and retail outlets, and mixed housing, benefiting from being one of two pubs found in an area of around 566 adults. The majority customer base is made up of middle to affluent locals.
The Old Inn Malborough is available on our investment tenancy agreement. If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right licensee for the Old Inn Malborough 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 both local customers and visitors to the area.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub's next chapter.
Features:- Investment Tenancy
- Catering Kitchen
- Letting Rooms
- Outdoor Trade
- Car Park
- Private Accommodation
The Old Inn Malborough 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 pub's trading area and facilities post-refurbishment will be:
- Main trading area with bar
- Zoned dining room
- Zoned games room with darts board & pool table
- 50 internal covers
- Medium size catering kitchen
- HEINEKEN SmartDispense
- Three letting rooms
- Small patio area
- Car park with approximately ten spaces
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).
Redecorated private accommodation consists of two bedrooms, a living room, kitchen, and bathroom.
Pub Financials:- Estimated Total Ingoing Costs: £56,583
- Estimated Minimum Ingoing Costs: £56,583
- Annual Rent: £32,332
- Estimated Annual Turnover: £422,467
- Deposit: £8,083
- Estimated Fixtures & Fittings Value: £35,000
- Estimated Stock Valuation: £10,000
- 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 months' rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 months' 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 of £10,000 un-borrowed funds.
Run a Star Pub - Old Inn Malborough - Kingsbridge employer: JobFlurry
Contact Detail:
JobFlurry Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Run a Star Pub - Old Inn Malborough - Kingsbridge
✨Tip Number 1
Familiarise yourself with the local area and its demographics. Understanding the customer base in Malborough will help you tailor your food and drink offerings to meet their preferences, which is crucial for attracting both locals and tourists.
✨Tip Number 2
Develop a clear vision for your pub's atmosphere and experience. Think about how you can create a welcoming environment that encourages repeat visits, whether through themed events, live sports, or unique menu items that resonate with your target audience.
✨Tip Number 3
Network with local suppliers and businesses. Building relationships with nearby food producers and event organisers can enhance your menu and provide opportunities for collaboration, which can be a great way to draw in more customers.
✨Tip Number 4
Prepare to showcase your previous experience in hospitality. Be ready to discuss specific examples of how you've successfully managed similar establishments, as this will demonstrate your capability to take the Old Inn to new heights.
We think you need these skills to ace Run a Star Pub - Old Inn Malborough - Kingsbridge
Some tips for your application 🫡
Understand the Pub's Vision: Before applying, take time to understand the vision for the Old Inn Malborough. Consider how your experience aligns with their plans for a quality food menu and customer engagement strategies.
Highlight Relevant Experience: In your application, emphasise any previous experience you have in running or owning a pub or similar hospitality business. Be specific about your roles and achievements that relate to managing a successful pub.
Craft a Compelling Business Plan: Prepare a brief outline of your proposed food and drinks menu, marketing strategy, and entertainment ideas. This will demonstrate your proactive approach and vision for the pub's future.
Tailor Your Application: Make sure to tailor your application to reflect the unique aspects of the Old Inn Malborough. Mention the local community and tourist appeal, and how you plan to attract both locals and visitors.
How to prepare for a job interview at JobFlurry
✨Showcase Your Experience
Make sure to highlight your previous experience in the hospitality industry. Discuss specific roles you've held, particularly those that involved managing a pub or restaurant, and how they have prepared you for this opportunity at the Old Inn.
✨Present Your Vision
Prepare to share your vision for the food and drinks menu. Think about crowd-pleasing options that would appeal to both locals and tourists, and be ready to discuss how you plan to implement these ideas effectively.
✨Understand the Local Market
Familiarise yourself with the local area and its demographics. Knowing the customer base and nearby attractions will help you tailor your marketing strategy and entertainment offerings to meet their needs.
✨Engage with the Interviewers
During the interview, engage actively with the interviewers. Ask questions about the refurbishment plans and express your enthusiasm for creating a memorable experience for customers. This shows your genuine interest in the role and the pub's future.