At a Glance
- Tasks: Transform The Thirsty Bear into a thriving pub with your unique food and drink ideas.
- Company: Join a well-established pub in the vibrant town centre of Reading.
- Benefits: Enjoy private accommodation and a foundation tenancy agreement.
- Why this job: Make your mark in a high-affluence area and create memorable experiences for customers.
- Qualifications: Experience in running or owning a food-led pub is essential.
- Other info: Opportunity for significant financial growth and creative freedom.
The predicted salary is between 36000 - 60000 £ per year.
Well Established Town Centre Site. The Thirsty Bear is located in the town of Reading, surrounded by shops, food and retail outlets, and mixed housing. The pub benefits from being one of 18 pubs found in an area of around 6445 adults, with the main customer base made up of employed adults in a high affluence area.
The potential of this pub lies in maintaining a well thought through food and drinks offer. 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 for the pub will have extensive experience in a high street hospitality business, a clear vision for their food & drinks menu, marketing strategy, and the ability to create a memorable experience for 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
- 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
Consists of 3 bedrooms, bathroom, 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 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
✨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 competition and spot gaps in the market that we can fill.
✨Tip Number 2
Craft a killer food and drink menu! Think about what unique offerings we can bring to the Thirsty Bear. Maybe a signature dish or a special cocktail? Let’s make it memorable!
✨Tip Number 3
Network like a pro! Connect with local suppliers, food bloggers, and influencers. Building relationships can help us promote the pub and attract more customers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to get your application noticed. Share your vision for the pub and let’s make this opportunity happen together!
We think you need these skills to ace Run a Star Pub - Thirsty Bear Reading - Reading
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 running The Thirsty Bear and what unique ideas you have to make it a success.
Be Specific About Your Experience: Don’t just say you’ve worked in hospitality; tell us about your specific experiences! We’re keen to hear about your food and drink strategies, marketing plans, and any memorable customer experiences you've created in the past.
Tailor Your Application: Make sure to customise your application to fit the Thirsty Bear vibe. Mention how you’d enhance the current food and drink offerings and what new ideas you’d bring to attract more customers in Reading.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding your application process!
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. Familiarise yourself with its current offerings and think about what changes or additions you could propose. This shows that you’re genuinely interested and have a vision for the pub's future.
✨Bring Your Food & Drink Ideas
Since the role involves enhancing the food and drink menu, come prepared with specific ideas. Think about local trends, popular dishes, or unique drinks that could attract customers. Presenting a well-thought-out menu can really impress the interviewers.
✨Showcase Your Experience
Highlight your previous experience in running or owning a food-led pub. Be ready to discuss challenges you've faced and how you overcame them. This will demonstrate your capability and readiness to take on this opportunity.
✨Engage with Marketing Strategies
Think about how you would market The Thirsty Bear to draw in more customers. Whether it’s social media campaigns, local events, or partnerships with nearby businesses, having a solid marketing strategy will show that you’re proactive and ready to drive trade.