Run a Star Pub - Basils Edinburgh - Edinburgh
Run a Star Pub - Basils Edinburgh - Edinburgh

Run a Star Pub - Basils Edinburgh - Edinburgh

Edinburgh Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Take charge of a newly refurbished pub and drive its success with your creative ideas.
  • Company: Join Star Pubs, a reputable company known for revitalising community pubs.
  • Benefits: Enjoy a vibrant work environment, potential for growth, and a supportive team culture.
  • Why this job: Make a real impact in a characterful area while connecting with locals and visitors alike.
  • Qualifications: Extensive experience in hospitality and a clear vision for customer service is essential.
  • Other info: Private accommodation available; refurbishment plans are in place to enhance the pub's appeal.

The predicted salary is between 36000 - 60000 £ per year.

Basils offers a great opportunity for someone who wants to take on a well-backed, newly refurbished pub with plenty of potential. The pub benefits from being one of two pubs found in an area of around 8,461 adults. The local customer base is made up of young, midlife and mature adults. Basils is located in Newhaven, a characterful harbour area of Edinburgh that has recently benefited from tram extensions and major residential development. The area blends a traditional community feel with modern footfall from commuters and tourists, making it a fantastic location for a revitalised all-round pub.

Basils is available on our investment tenancy agreement. This refurbishment includes a full internal and external redecoration, refreshed signage and lighting, upgraded furniture, and new bric-a-brac to bring out a premium yet welcoming feel. The offer is designed to suit daytime coffee, casual food and relaxed drinks - with the potential to appeal to both locals and the area’s growing number of visitors. 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 Basils will have extensive experience in hospitality businesses. They will have a clear vision for their retail offer, customer service and team culture, and can create a memorable experience for locals and visitors alike.

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
  • Music Venue
  • Outdoor Trade
  • Refurbishment Planned

Basils will be undergoing a refurbishment which will cover the internal and external areas 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
  • 40 internal covers
  • 16 external covers
  • HEINEKEN SmartDispense®
  • Outdoor trading area

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 consists of 2 bedrooms, kitchen, bathroom, lounge, toilet and office.

Pub Financials

Estimated Total Ingoing Costs £42,759
Estimated Minimum Ingoing Costs £42,759
Annual Rent £27,234
Estimated Annual Turnover £446,634
Deposit £6,809
Estimated Fixtures & Fittings Value £28,450
Estimated Stock Valuation £4,000
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 - Basils Edinburgh - Edinburgh employer: Star Pubs Leased & Tenancy

At Basils, we pride ourselves on being an exceptional employer that fosters a vibrant and inclusive work culture in the heart of Edinburgh's Newhaven. With a focus on employee growth and development, we offer unique opportunities for creativity and innovation in a newly refurbished pub setting, ensuring that our team can thrive while delivering memorable experiences to both locals and visitors. Join us and be part of a community-driven establishment that values your ideas and contributions.
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Contact Detail:

Star Pubs Leased & Tenancy Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Run a Star Pub - Basils Edinburgh - Edinburgh

✨Tip Number 1

Familiarise yourself with the local community and its demographics. Understanding the mix of young, midlife, and mature adults in Newhaven will help you tailor your offerings to meet their preferences and needs.

✨Tip Number 2

Think creatively about how to enhance the pub's appeal. Consider unique events or promotions that could attract both locals and tourists, such as themed nights or partnerships with local businesses.

✨Tip Number 3

Showcase your experience in hospitality by preparing examples of successful initiatives you've implemented in previous roles. This will demonstrate your capability to create a memorable experience for customers.

✨Tip Number 4

Be ready to discuss your vision for the pub's future. Having a clear plan for customer service, team culture, and retail offerings will set you apart from other candidates and show your commitment to making Basils a success.

We think you need these skills to ace Run a Star Pub - Basils Edinburgh - Edinburgh

Hospitality Management
Customer Service Excellence
Financial Acumen
Marketing and Promotion Strategies
Team Leadership
Event Planning
Menu Development
Knowledge of Licensing Laws
Conflict Resolution
Inventory Management
Community Engagement
Adaptability to Trends
Communication Skills
Problem-Solving Skills

Some tips for your application 🫡

Understand the Pub's Vision: Before applying, take time to understand Basils' vision and the potential it holds. Think about how your experience in hospitality can align with their goals and what unique ideas you can bring to enhance the pub's success.

Craft a Compelling Cover Letter: Your cover letter should not only express your enthusiasm for the role but also highlight your relevant experience in running or owning a pub. Discuss specific strategies you would implement to attract both locals and tourists, showcasing your understanding of the local community.

Showcase Your Experience: In your CV, emphasise your extensive experience in hospitality businesses. Include details about previous roles, responsibilities, and any successful initiatives you've led that resulted in increased trade or customer satisfaction.

Prepare a Business Plan: Consider preparing a brief outline of your vision for Basils as part of your application. This could include ideas for the menu, events, and marketing strategies that would appeal to the diverse customer base in Newhaven. A well-thought-out plan can set you apart from other candidates.

How to prepare for a job interview at Star Pubs Leased & Tenancy

✨Show Your Vision

Be prepared to share your ideas on how to enhance Basils' appeal. Think about the local community and how you can cater to both locals and tourists. Present a clear vision for the pub's atmosphere, menu, and events.

✨Highlight Your Experience

Discuss your previous experience in hospitality, especially if you've run or owned a pub before. Share specific examples of challenges you've faced and how you overcame them, as well as successes that demonstrate your ability to drive trade.

✨Understand the Financials

Familiarise yourself with the financial aspects of running a pub, including estimated costs and turnover. Be ready to discuss how you would manage the budget effectively and ensure profitability while maintaining quality service.

✨Engage with the Community

Think about ways to engage with the local community and attract new customers. Prepare ideas for events, promotions, or partnerships that could help establish Basils as a go-to spot in Newhaven.

Run a Star Pub - Basils Edinburgh - Edinburgh
Star Pubs Leased & Tenancy
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