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For Companies At a Glance
- Tasks: Transform a vibrant pub into a local hotspot with your unique vision.
- Company: Crown & Sceptre, a central London pub with great potential.
- Benefits: Long-term lease, private accommodation, and the chance to create your own niche.
- Why this job: Make a real impact in a thriving community and attract affluent young adults.
- Qualifications: Experience in hospitality and a clear business vision are essential.
- Other info: Exciting opportunity for creativity and growth in a dynamic environment.
The predicted salary is between 36000 - 60000 £ per year.
Pub Overview: Central London pub with 5 letting rooms. What would you do with this pub to make it a success?
The area: The Crown & Sceptre is located in the London Borough of Kensington, close to the Olympia. The pub is surrounded immediately by residential housing, but only a stone’s throw away from the centre of Kensington.
Demographics: The pub is one of 8 pubs found in an area of around 13,194 adults. The customer base is made up of mostly young adults of high affluence.
The potential of this pub lies in creating your own niche: events, premium drinks, letting rooms, or a unique food offer. There’s so much potential, what would you look to implement in the pub? We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a hospitality business, we’d love to hear what experience you can bring. The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their business, and a USP that stands them apart from the competition.
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:- Letting Rooms
- Long Term FRI Lease
- Private Accommodation
- Catering Kitchen
- Main trading area with bar
- Separate dining area
- 60 internal covers
- 20 external covers
- Catering kitchen
- SmartDispense
- 5 letting rooms
- Private accommodation consists of 2 bedrooms, living room, kitchen, bathroom.
- Estimated Total Ingoing Costs: £34,490
- Estimated Minimum Ingoing Costs: £34,490
- Annual Rent: £55,000
- Estimated Annual Turnover: £563,266
- Deposit: £13,750
- Estimated Fixtures & Fittings Value: £9,240
- Estimated Stock Valuation: £8,000
- 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 - Crown & Sceptre Kensington - London 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 - Crown & Sceptre Kensington - London
✨Tip Number 1
Get to know the local scene! Spend some time in the area around the Crown & Sceptre, chat with locals, and understand what they want from their pub experience. This will help us tailor our offerings to attract that affluent young adult crowd.
✨Tip Number 2
Show off your unique vision! When we apply, let’s highlight our innovative ideas for events or a standout food menu. This is our chance to show how we can create a niche that sets the Crown & Sceptre apart from the other pubs in the area.
✨Tip Number 3
Network like a pro! Reach out to other hospitality professionals and share our experiences. Building connections can lead to valuable insights and potential partnerships that could benefit our pub's success.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application stands out. Let’s make sure we present our experience and ideas clearly, showing why we’re the perfect fit for this exciting opportunity.
We think you need these skills to ace Run a Star Pub - Crown & Sceptre Kensington - London
Some tips for your application 🫡
Show Your Vision: When applying, make sure to clearly outline your vision for the Crown & Sceptre. We want to see how you plan to create a unique experience that stands out in Kensington. Share your ideas on events, food offerings, or anything else that could drive trade!
Highlight Relevant Experience: Don’t forget to showcase your previous experience in hospitality! We’re looking for someone with a solid background, so tell us about any pubs or restaurants you've run or worked in. This will help us understand what you can bring to the table.
Be Creative: This pub has loads of potential, so let your creativity shine through in your application! We love new ideas, so if you have a unique concept or niche in mind, share it with us. The more innovative, the better!
Apply Through Our Website: Make sure to apply through our website for the best chance of getting noticed! It’s super easy and ensures your application goes directly to us. We can’t wait to hear from you and see what you can bring to this exciting opportunity!
How to prepare for a job interview at Star Pubs Leased & Tenancy
✨Know Your Audience
Before the interview, take some time to research the demographics of the area around the Crown & Sceptre. Understand the preferences of young adults in Kensington and think about how you can tailor your offerings to meet their needs. This will show that you’re not just interested in running a pub, but that you genuinely want to connect with the community.
✨Showcase Your Unique Selling Proposition
Be prepared to discuss your vision for the pub and what makes your approach unique. Whether it’s a special food menu, themed events, or premium drink selections, make sure you articulate how your ideas will set the Crown & Sceptre apart from other pubs in the area. This is your chance to shine!
✨Bring Real Experience to the Table
If you’ve got experience running or owning a hospitality business, don’t hold back! Share specific examples of what you did to drive trade and how those experiences can translate to success at the Crown & Sceptre. Concrete examples will help paint a picture of your capabilities.
✨Prepare Questions
Interviews are a two-way street, so come armed with thoughtful questions about the pub and its potential. Ask about current challenges, opportunities for growth, and what support you might expect from the company. This shows you’re serious about the role and eager to contribute positively.
