At a Glance
- Tasks: Transform a traditional pub into a vibrant community hub with your unique vision.
- Company: Join a well-established pub in the heart of Hove Edge.
- Benefits: Foundation tenancy, private accommodation, and potential for high earnings.
- Other info: Opportunity to drive trade through live entertainment and innovative drink offerings.
- Why this job: Make a real impact by creating memorable experiences for locals and visitors alike.
- Qualifications: Experience in hospitality and a passion for community engagement.
The predicted salary is between 40500 - 49500 £ per year.
Pub Overview
A traditional village pub situated within the established residential community of Hove Edge, on Spout House Lane, with easy access to the surrounding residential areas and good links into Brighouse and the wider West Yorkshire area. The pub is surrounded by mixed housing.
The pub benefits from being one of 5 pubs found in an area of around 2,202 adults. The Old Pond customer base is made up of mature and midlife adults.
The potential of this pub lies in maintaining a wet-led offer. The site currently has the ability to drive trade via live entertainment, live sports and a selection of pub games such as darts. It offers a selection of cask ales, popular beers, ciders, wines and spirits.
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 pub will have extensive experience in a community led hospitality business. They will have a clear vision for their drinks menu, marketing strategy and entertainment 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 pub’s next chapter...
Features
- Foundation Tenancy
- Live Sports
- Pub Games
- Cask Ale
- Music Venue
- Outdoor Trade
- Private Accommodation
- Car Park
Trading Area & Facilities
- Main trading area with bar
- 10 car parking spaces
- 40 internal covers
- 40 external covers
- Pub games zone
- Pub garden
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, kitchen, bathroom.
Pub Financials
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term. Indicative entry costs range from £7,250 - £20,750. Annual Estimated Annual Turnover £378,793. Annual Rent £21,001.
Entry Costs
- Deposit: Deposit build up from 1 month rent £5,250
- Estimated Fixtures & Fittings Value: Rented fixtures & fittings deal available £10,000
- Stock Valuation: £2,000
- Working Capital Required: £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 - Old Pond Hove Edge - Brighouse employer: Star Pubs Leased & Tenancy
The New Inn in Witney offers an exceptional opportunity for those looking to run a community-focused pub with a strong local appeal. With discounted rent in the first year and private accommodation, this role not only provides a chance to thrive in a vibrant environment but also fosters personal and professional growth within the hospitality sector. Join us in creating memorable experiences for our patrons while enjoying the benefits of a supportive work culture and a prime location.
Contact Details:
Star Pubs Leased & Tenancy Recruitment Team
