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For Companies At a Glance
- Tasks: Run a vibrant pub, create exciting food and drink menus, and drive customer engagement.
- Company: Thirsty Bear Reading, a well-established pub in a bustling town centre.
- Benefits: Opportunity to shape a successful pub experience and live in private accommodation.
- Other info: Great potential for growth and innovation in a high-affluence area.
- Why this job: Join us to make a mark in the hospitality scene and connect with the community.
- Qualifications: Experience in high street hospitality and a passion for creating memorable customer experiences.
The predicted salary is between 30000 - 40000 £ per year.
Pub Overview
Well Established Town Centre Site. What would you do with this pub to make it even more of a success?
The area
The Thirsty Bear is located in the town of Reading. The pub is surrounded by shops, food and retail outlets and mixed housing.
Demographics
The pub benefits from being one of 18 pubs found in an area of around 6445 adults. The main customer base is made up of employed adults. The pub is in a high affluence area.
The offer
Available on our foundation tenancy agreement. The potential of this pub lies in maintaining a well thought through food and drinks offer. What food & drinks would you look to implement in the pub? The site currently offers a selection of food, 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 food led pub business, we’d love to hear what experience you can bring.
The right operator
The right operator for the pub will have extensive experience in a high street hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy 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
- Catering Kitchen
- Private Accommodation
- Foundation Tenancy
- Function Room
- Trading Area & Facilities
- Main trading area with bar
- Separate dining room
- 80 internal covers
- 16 external covers
- Large catering kitchen with separate pizza oven counter
- Function room with own bar
- SmartDispense
Private Accommodation
Private accommodation consists of 3 bedrooms, bathroom, a living room, and kitchen.
Pub Financials
- Estimated Total Ingoing Costs: £54,057
- Estimated Minimum Ingoing Costs: £15,019
- Annual Rent: £54,226
- Estimated Annual Turnover: £728,021
- Deposit: £13,557
- Estimated Fixtures & Fittings Value: £30,000
- Estimated Stock Valuation: £7,000
- 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 - Thirsty Bear Reading - Reading in England employer: Star Pubs Leased & Tenancy
Contact Detail:
Star Pubs Leased & Tenancy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Run a Star Pub - Thirsty Bear Reading - Reading in England
✨Tip Number 1
Get to know the local scene! Spend some time in Reading, check out other pubs, and see what works for them. This will help us understand the vibe and what customers are after.
✨Tip Number 2
Bring your ideas to life! Think about unique food and drink offerings that could set The Thirsty Bear apart. We want to hear your vision, so don’t hold back when you apply!
✨Tip Number 3
Network like a pro! Connect with local suppliers and other businesses in the area. Building relationships can lead to great partnerships and promotions that drive trade.
✨Tip Number 4
Show us your passion! When you apply, share your experiences and what makes you excited about running a pub. We’re looking for someone who can create memorable experiences for our customers.
We think you need these skills to ace Run a Star Pub - Thirsty Bear Reading - Reading in England
Some tips for your application 🫡
Show Your Passion: When writing your application, let your enthusiasm for the pub and hospitality shine through. We want to see how excited you are about the opportunity to run The Thirsty Bear and what unique ideas you have to make it a success.
Be Specific About Your Experience: Don’t just list your past roles; tell us about specific experiences that relate to running a food-led pub. We’re keen to hear about your successes and how they can translate into making The Thirsty Bear thrive.
Craft a Clear Vision: Outline your vision for the food and drinks menu, as well as your marketing strategy. We want to know how you plan to attract customers and create memorable experiences at The Thirsty Bear.
Apply Through Our Website: Make sure to submit your application through our website. It’s the best way for us to receive your details and ensures you don’t miss out on this fantastic opportunity to join us at The Thirsty Bear!
How to prepare for a job interview at Star Pubs Leased & Tenancy
✨Know Your Pub Inside Out
Before the interview, make sure you’ve done your homework on The Thirsty Bear. Understand its current offerings and think about what you could bring to the table. Be ready to discuss specific ideas for food and drink that would appeal to the local demographic.
✨Showcase Your Experience
Highlight your previous experience in running or owning a food-led pub. Share specific examples of how you’ve successfully driven trade in the past. This will demonstrate your capability and give the interviewers confidence in your ability to manage their pub.
✨Have a Vision
Come prepared with a clear vision for the pub’s future. Think about marketing strategies and how you can create memorable experiences for customers. Presenting a well-thought-out plan will show that you’re serious about making The Thirsty Bear a success.
✨Engage with the Interviewers
During the interview, don’t just answer questions—engage in a conversation. Ask them about their expectations and challenges they face. This shows your interest in the role and helps you tailor your responses to what they’re really looking for.