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For Companies At a Glance
- Tasks: Lead the transformation of a newly refurbished pub into a local hotspot for drinks, dining, and events.
- Company: Join Star Pubs and be part of an exciting pub venture in Wilford.
- Benefits: Investment tenancy with potential for high earnings and creative freedom.
- Why this job: Shape the future of a vibrant community pub and make your mark in hospitality.
- Qualifications: Experience in running or owning a pub, with a passion for food and entertainment.
- Other info: Exciting refurbishment plans and a supportive environment for innovative ideas.
The predicted salary is between 36000 - 60000 £ per year.
Pub Overview
Major refurbishment to high end premium local. The Tailors Arms offers a great opportunity for someone who wants to take on a well-backed, newly refurbished pub with plenty of potential. What would you do with this pub to make it even more of a success?
The Area
Wilford, a village and suburb of Nottingham, is unique for its rich history, significant historical residents, a blend of urban accessibility and natural reserves, and its link to notable local figures. Wilford is primarily residential, with a high rate of home ownership and a pleasant, family-friendly community feel. The area features well-maintained homes and green spaces and attracts a mix of families and professionals seeking a quieter lifestyle.
Key landmarks nearby include St Wilfrid's Church, the Wilford Suspension Bridge, the Victoria Embankment and several nature reserves, with great train access from Nottingham.
The Offer
The Tailors Arms is available on our investment tenancy agreement. The refurbishment will cover the interior and exterior of the pub - delivering something special for the region across drinking, dining and events. 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 Tailors Arms will be well experienced with food and large venues. They will have a clear vision for their drinks menu, entertainment offer and 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
- Investment Tenancy
- Refurbishment Planned
- Outdoor Trade
- Catering Kitchen
- Music Venue
Trading Area & Facilities
The Tailors 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. The pub’s trading areas and facilities post refurbishment will be:
- Multiple trading areas across drinking, dining and events
- Large rear outdoor trade area
- Patio areas to the front and side of the venue
- Catering kitchen
- Functionality for live music and events
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
TBC
Pub Financials
Estimated Total Ingoing Costs £61,353
Estimated Minimum Ingoing Costs £61,353
Annual Rent £39,410
Estimated Annual Turnover £632,951
Deposit £9,853
Estimated Fixtures & Fittings Value £40,000
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.
Downloads
- Demographics Report
- Energy Performance Certificate
- Refurbishment Details
Run a Star Pub - Tailors Arms Wilford - Nottingham 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 - Tailors Arms Wilford - Nottingham
✨Tip Number 1
Get to know the local community! Spend some time in Wilford, chat with residents, and understand what they love about their area. This will help us tailor our offerings at The Tailors Arms to really resonate with the locals.
✨Tip Number 2
Show off your creativity! When you apply, share your unique ideas for events or promotions that could draw in crowds. We want to see how you can make The Tailors Arms the go-to spot for both locals and visitors.
✨Tip Number 3
Network like a pro! Reach out to other pub owners or local businesses to build relationships. This can lead to partnerships that benefit The Tailors Arms and help us stand out in a competitive market.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always on the lookout for passionate individuals who can bring fresh ideas to our newly refurbished pub.
We think you need these skills to ace Run a Star Pub - Tailors Arms Wilford - Nottingham
Some tips for your application 🫡
Show Your Passion: When you're writing your application, let your enthusiasm for the pub industry shine through! We want to see how excited you are about taking on The Tailors Arms 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 pub. We’re keen to hear about your food and drink expertise, as well as any memorable events you've hosted. Make it personal!
Craft a Vision: We’re looking for someone with a clear vision for The Tailors Arms. In your application, outline your ideas for the drinks menu, entertainment options, and marketing strategies. Show us how you plan to create a memorable experience for our customers.
Apply Through Our Website: Make sure to submit your application through our website. It’s the easiest way for us to keep track of all applications and ensures you don’t miss out on this fantastic opportunity at The Tailors Arms!
How to prepare for a job interview at Star Pubs Leased & Tenancy
✨Know Your Pub Inside Out
Before the interview, make sure you’re familiar with The Tailors Arms and its unique features. Understand the local community, the competition, and what makes this pub special. This knowledge will help you articulate your vision for driving trade and making the pub a success.
✨Bring Your Ideas to the Table
Think about innovative ideas you can implement at The Tailors Arms. Whether it’s a new drinks menu, exciting events, or marketing strategies, be ready to share your thoughts. Showing that you have a clear plan will impress the interviewers and demonstrate your commitment to the pub's success.
✨Showcase Your Experience
If you’ve run or owned a pub before, be prepared to discuss your experiences in detail. Highlight specific challenges you faced and how you overcame them. This will not only show your expertise but also give the interviewers confidence in your ability to manage The Tailors Arms effectively.
✨Engage with the Community
Since Wilford is a family-friendly area, think about how you can engage with the local community. Discuss potential partnerships with local businesses or events that could attract families and professionals. This shows you’re not just thinking about profits, but also about building a community hub.
