At a Glance
- Tasks: Transform Y Llong into a vibrant local pub with food, sport, and entertainment.
- Company: Join a well-backed team at a historic pub in Porthmadog.
- Benefits: Investment for refurbishment, private accommodation, and a supportive community.
- Other info: Great opportunity for creativity and community engagement.
- Why this job: Be part of an exciting project that revitalises a beloved local pub.
- Qualifications: Passion for hospitality; experience is a bonus but not essential.
The predicted salary is between 30000 - 40000 £ per year.
A refurbishment investment of around £185,000 is planned to transform Y Llong Hotel into a premium local pub with food, sport and entertainment at its heart. What would you do with this pub to make it a success?
Y Llong offers a great opportunity for someone who wants to take on a well-backed, refurbished pub with plenty of potential. The area: Y Llong is located in Porthmadog, North Wales, just on the edge of Snowdonia National Park. It is a historic port town, once the hub for exporting Welsh slate worldwide, and now a popular tourist base with excellent transport links. There are 1,814 people within a 10-minute walk (1,516 over 18), but the area benefits hugely from seasonal visitors, with hundreds of thousands of tourists flocking to Snowdonia, Cardigan Bay, Pwllheli and Anglesey throughout the year.
Demographics: The local population is of medium affluence with a more mature age profile. However, the large influx of tourists during the summer and holiday periods significantly boosts potential footfall. Competition includes around 20 pubs within a mile, though only a handful serve food.
The offer: Y Llong is available on our investment tenancy agreement. The refurbishment will deliver a fully redecorated and refreshed bar, lounge and toilets, bringing the pub back to the heart of the community. With Sky and BT Sport, local entertainment including quizzes and bingo, plus cask ales, premium lagers, wines and spirits, it will cater to both locals and tourists alike. We’re always open to new ideas, what would you do to drive trade? Attitude is more valuable than experience. The right operator for Y Llong could be new or experienced whose team can deliver a great traditional food offer, while promoting the pub to locals and visitors.
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- Refurbishment Planned
- Investment Tenancy
- Function Room
- Catering Kitchen
- Live Sports
- Private Accommodation
The Ship will be undergoing a refurbishment which will cover the bar, lounge and toilets. The function room will remain as is, having been redecorated recently. Externally, no works are planned as the pub benefitted from a full signage and redecoration scheme last year. A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pub’s trading area and facilities post refurbishment will be:
- Separate bar and lounge
- Large function room
- 76 internal covers
- Catering kitchen
- HEINEKEN SmartDispense®
- Sky and BT Sport
- Private accommodation
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 AccommodationThe private accommodation consists of a kitchen, a lounge, two bedrooms, and a bathroom.
Pub FinancialsWith 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 £51,394 - £51,934. Annual Estimated Annual Turnover £703,591. Annual Rent £44,326. Entry Costs Deposit £11,081. Estimated Fixtures & Fittings Value £32,353. Stock Valuation £5,000. 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.
Downloads- Demographics Report
- Energy Performance Certificate
- Refurbishment Details
Run a Star Pub - Y Llong Porthmadog - Porthmadog employer: Star Pubs Leased & Tenancy
Y Llong offers an exceptional opportunity for individuals looking to run a vibrant pub in the picturesque town of Porthmadog, North Wales. With a significant refurbishment investment planned, employees will benefit from a supportive work culture that values creativity and community engagement, alongside opportunities for personal and professional growth. The location not only attracts a steady stream of local patrons but also benefits from seasonal tourism, making it an ideal setting for those eager to make a meaningful impact in the hospitality industry.
Contact Details:
Star Pubs Leased & Tenancy Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Run a Star Pub - Y Llong Porthmadog - Porthmadog
✨Tip Number 1
Get to know the local community! Spend some time in Porthmadog, chat with locals, and understand what they love about their pubs. This will help us tailor our offerings to meet their needs and create a welcoming atmosphere.
✨Tip Number 2
Show off your personality! When we apply, let our passion for hospitality shine through. Share our vision for Y Llong and how we plan to make it the go-to spot for both locals and tourists alike.
✨Tip Number 3
Think outside the box! We should brainstorm unique events or promotions that could attract visitors, especially during peak tourist seasons. Whether it's themed nights or local food festivals, let's get creative!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application stands out and reaches the right people. Plus, we can easily keep track of our progress and any updates.
We think you need these skills to ace Run a Star Pub - Y Llong Porthmadog - Porthmadog
Some tips for your application 🫡
Show Your Passion:When writing your application, let your enthusiasm for running Y Llong shine through. We want to see your ideas and how you plan to make this pub a local hotspot for both residents and tourists alike.
Be Creative with Your Ideas:Don’t hold back on your vision for the pub! Share any unique concepts you have for food, entertainment, or community engagement. We’re all about fresh ideas that can drive trade and create a vibrant atmosphere.
Tailor Your Application:Make sure to customise your application to reflect the specific needs of Y Llong. Highlight your understanding of the local area and how you can cater to both locals and seasonal visitors. We love seeing applicants who do their homework!
Apply Through Our Website:Ready to take the plunge? Make sure to submit your application through our website. It’s the best way for us to receive your details and get the ball rolling on this exciting opportunity!
