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- Tasks: Lead the transformation of Estcourt Arms into a vibrant community pub.
- Company: Star Pubs is dedicated to revitalising local pubs for community enjoyment.
- Benefits: Enjoy private accommodation and the chance to shape a popular venue.
- Why this job: Be part of an exciting refurbishment and create a welcoming space for young adults.
- Qualifications: No experience needed, just a passion for hospitality and community engagement.
- Other info: Investment tenancy agreement with estimated costs and support for your business plan.
The predicted salary is between 36000 - 60000 £ per year.
A full refurbishment will transform the appeal of the Estcourt Arms for the local community, and beyond! What would you do with this pub to make it a success?
The Estcourt Arms is located just outside Watford’s busy town centre. There are 22,825 adults within a 20-minute walk time. The affluent customer base is made up of predominantly young adults.
The Estcourt Arms is available on our investment tenancy agreement. Once refurbished, the pub will offer a wide range of drinks, including beers, ciders, wines and spirits alongside a variety of soft drinks and low and no alcohol options, to cater to everyone. A coffee offer, attracting day-time visitors and non-drinkers will also broaden the pub's appeal. The pub will offer live entertainment and sports, pool, darts and events catered to customer demand. We’re always open to new ideas; what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you:
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with 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 pub's next chapter...
The Estcourt Arms 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 section.
The pub's trading area and facilities post-refurbishment will be:
- Main trading area with bar
- 47 internal covers
- 32 external covers
- Function room
- HEINEKEN SmartDispense
- Courtyard
Private accommodation consists of three bedrooms.
Estimated Total Ingoing Costs: £18,436
Estimated Minimum Ingoing Costs: £18,436
Annual Rent: £18,945
Estimated Annual Turnover: £270,258
Deposit: £4,736
Estimated Fixtures & Fittings Value: £6,200
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 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 - Estcourt Arms Watford - Watford employer: Star Pubs Leased & Tenancy Careers
Contact Detail:
Star Pubs Leased & Tenancy Careers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Run a Star Pub - Estcourt Arms Watford - Watford
✨Tip Number 1
Familiarise yourself with the local community around the Estcourt Arms. Understanding the demographics and preferences of the young adult population will help you tailor your offerings and marketing strategies effectively.
✨Tip Number 2
Think creatively about how to enhance the pub's appeal post-refurbishment. Consider unique events or promotions that could attract both day-time visitors and evening crowds, such as themed nights or live music.
✨Tip Number 3
Showcase your passion for hospitality during any discussions or interviews. Share personal anecdotes that highlight your customer service skills and your ability to create a welcoming atmosphere.
✨Tip Number 4
Prepare to discuss your vision for the pub's future. Be ready to present innovative ideas on how to drive trade and engage with the community, demonstrating that you are proactive and invested in the pub's success.
We think you need these skills to ace Run a Star Pub - Estcourt Arms Watford - Watford
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand what it means to run the Estcourt Arms. Familiarise yourself with the pub's offerings, the local community, and the expectations of the role.
Craft a Unique Proposal: In your application, include specific ideas on how you would drive trade at the Estcourt Arms. Think about events, promotions, or community engagement strategies that could attract customers.
Highlight Relevant Experience: Even though attitude is valued over experience, it's still important to mention any relevant experience in hospitality or business management. Share examples of how you've successfully engaged with customers or improved a business.
Show Your Passion: Make sure your application reflects your love for hospitality. Use enthusiastic language to convey your excitement about the opportunity and your commitment to making the Estcourt Arms a success.
How to prepare for a job interview at Star Pubs Leased & Tenancy Careers
✨Know Your Community
Understanding the local community is crucial for running a successful pub. Research the demographics and preferences of the area around the Estcourt Arms, and be ready to discuss how you would cater to their needs.
✨Showcase Your Hospitality Skills
Since attitude is more valuable than experience, demonstrate your passion for hospitality during the interview. Share examples of how you've created memorable experiences for customers in the past.
✨Bring Innovative Ideas
The Estcourt Arms is open to new ideas, so come prepared with suggestions on how to drive trade. Think about unique events, promotions, or partnerships that could attract the young adult demographic.
✨Understand the Financials
Familiarise yourself with the estimated financials provided in the job description. Be ready to discuss how you would manage costs and maximise turnover, showing that you have a solid grasp of running a pub business.
