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- Tasks: Transform a traditional pub into the go-to spot for locals and students.
- Company: Join Star Pubs, a leader in the hospitality industry with exciting opportunities.
- Benefits: Enjoy private accommodation, refurbishment plans, and a vibrant community atmosphere.
- Why this job: Create memorable experiences with events, sports, and a casual dining vibe.
- Qualifications: Experience in running high street hospitality businesses is essential.
- Other info: Investment tenancy agreement with estimated costs and support for your new venture.
The predicted salary is between 36000 - 60000 £ per year.
An exciting opportunity is now available to transform this traditional building into the go-to place in the area. Multiple trading areas internally and externally makes this high street pub a fantastic opportunity for the right publican.
The St Anne’s Well is located in the heart of Exeter’s vibrant residential area and is perfectly positioned between student housing and local communities, just a short walk from the city centre. The pub benefits from being in a busy area of around 11,400 adults. The majority customer base is made up of local residents who are looking for a welcoming pub as well as serving the student community during term time.
St Anne’s Well is available on our investment tenancy agreement. This is a wet-led site with the opportunity for the operator to introduce a small casual, high-street-style food offer suited to social dining and group occasions such as a pizza oven. Three trading zones with an upstairs lounge and plenty of covers outdoors makes this an exciting opportunity for an engaged operator wanting to take on a new challenge. A packed events programme featuring live sports, themed nights, quiz nights, and student-friendly promotions could create a fun and engaging atmosphere through the week.
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 St Anne’s Well will have experience in running high street hospitality businesses. They will have a clear vision for their marketing strategy, drinks menu and sports offer and can create a memorable experience for their customers. They should also have the ability to cater for students during term time while ensuring activity-driven events for the local community all year round.
Features:- Investment Tenancy
- Refurbishment Planned
- Live Sports
- Catering Kitchen
- Pub Games
- Outdoor Trade
- Private Accommodation
The St Anne’s Well 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:
- Trading area on two levels
- Lower level - Main area with bar and Sports Zone
- Upper level - Lounge area
- 60 internal covers
- 45 external covers
- HEINEKEN SmartDispense
- Outside trading area
- Small car park
- Pool and Darts
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 at the pub consists of three bedrooms, a lounge and kitchen. In line with our Ready to Trade promise, we will ensure your property is in good repair so you can focus your energy on your new business.
Pub Financials:- Estimated Total Ingoing Costs: £19,710
- Estimated Minimum Ingoing Costs: £19,710
- Annual Rent: £18,839
- Estimated Annual Turnover: £279,487
- Deposit: £4,710
- Estimated Fixtures & Fittings Value: £6,500
- Estimated Stock Valuation: £5,000
- 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 £10,000 un-borrowed funds.
Run a Star Pub - St Annes Well - Exeter employer: JobFlurry
Contact Detail:
JobFlurry Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Run a Star Pub - St Annes Well - Exeter
✨Tip Number 1
Familiarise yourself with the local community and student demographics in Exeter. Understanding their preferences and needs will help you tailor your offerings, from drinks to events, ensuring you create a welcoming atmosphere that appeals to both locals and students.
✨Tip Number 2
Develop a clear vision for your marketing strategy before applying. Think about how you can leverage social media and local partnerships to promote events like quiz nights and themed parties, which are essential for attracting a diverse crowd throughout the week.
✨Tip Number 3
Consider innovative ideas for your food offer, such as introducing a pizza oven or other casual dining options that cater to social gatherings. This could set you apart from competitors and enhance the overall experience for your customers.
✨Tip Number 4
Prepare to discuss your previous experience in running a high street hospitality business during the interview. Highlight specific examples of how you've successfully engaged with both local communities and student populations, showcasing your ability to create memorable experiences.
We think you need these skills to ace Run a Star Pub - St Annes Well - Exeter
Some tips for your application 🫡
Understand the Pub's Vision: Before applying, take time to understand the vision for St Anne’s Well. Think about how your experience aligns with their goals and how you can contribute to transforming the pub into a vibrant community hub.
Highlight Relevant Experience: In your application, emphasise any previous experience in running or owning a pub or hospitality business. Be specific about your achievements and how they relate to managing a high street venue like St Anne’s Well.
Craft a Unique Marketing Strategy: Develop a clear marketing strategy that showcases your ideas for attracting both local residents and students. Include innovative promotions, events, and a drinks menu that reflects the pub's identity and caters to its diverse clientele.
Showcase Your Community Engagement Skills: Demonstrate your ability to create a welcoming atmosphere for both locals and students. Discuss how you plan to engage the community through events, themed nights, and activities that foster a sense of belonging at the pub.
How to prepare for a job interview at JobFlurry
✨Show Your Passion for Hospitality
Make sure to express your enthusiasm for running a pub and engaging with the community. Share specific examples of how you've created memorable experiences for customers in the past, especially in high street hospitality settings.
✨Demonstrate Your Marketing Vision
Prepare to discuss your ideas for a marketing strategy that appeals to both local residents and students. Highlight any previous successful campaigns you've implemented and how you plan to attract a diverse customer base.
✨Discuss Your Event Planning Skills
Since the pub will host various events, be ready to talk about your experience in organising themed nights, quiz events, or sports promotions. Provide examples of how these events have driven engagement and increased footfall in your previous roles.
✨Understand the Financials
Familiarise yourself with the financial aspects of running a pub, including estimated costs and turnover. Be prepared to discuss how you would manage budgets effectively and ensure profitability while maintaining a vibrant atmosphere.