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For Companies At a Glance
- Tasks: Run a vibrant food-led pub, creating an unforgettable experience for customers.
- Company: The Thirsty Bear, a well-established pub in Reading's bustling town centre.
- Benefits: Private accommodation, potential for high earnings, and creative freedom in menu design.
- Why this job: Join us to shape the future of a beloved local pub and drive its success.
- Qualifications: Experience in high street hospitality and a passion for food and drink.
- Other info: Opportunity for growth in a dynamic environment with a supportive community.
The predicted salary is between 36000 - 60000 £ 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 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 Food-Led High Street Pub in 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 Food-Led High Street Pub in Reading
✨Tip Number 1
Get to know the local scene! Spend some time in Reading, check out other pubs and eateries, and see what works. This will help us understand the competition and spot gaps in the market that we can fill with our unique food and drink offerings.
✨Tip Number 2
Network like a pro! Attend local events or join hospitality groups in the area. Building relationships with suppliers and other business owners can lead to great partnerships and ideas for our pub's menu and marketing strategies.
✨Tip Number 3
Show off your experience! When we apply, let’s highlight our past successes in running food-led pubs. Share specific examples of how we’ve driven trade and created memorable customer experiences – this will make us stand out!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application gets noticed. Plus, we can tailor our pitch directly to what they’re looking for in a successful pub operator.
We think you need these skills to ace Run a Food-Led High Street Pub in Reading
Some tips for your application 🫡
Show Your Passion for Food and Drink: When you're writing your application, let your love for food and drink shine through! Share your ideas on what you’d bring to the menu and how you’d create a memorable experience for customers. We want to see your creativity and enthusiasm!
Highlight Your Experience: Make sure to detail any relevant experience you have in running or owning a food-led pub. We’re looking for someone with a solid background in high street hospitality, so don’t hold back on showcasing your achievements and what you’ve learned along the way.
Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so make sure your vision for the pub is easy to understand. Use bullet points if it helps to break down your ideas and strategies!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity. We can’t wait to hear from you!
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 food and drink offerings, and think about what you could bring to the table. Having a clear vision for the menu and how it can attract more customers will show that you're serious about making this pub a success.
✨Bring Fresh Ideas
Think creatively about how to drive trade. Prepare some innovative ideas for food and drink specials or events that could draw in the local crowd. Whether it's themed nights or unique menu items, having specific suggestions ready will demonstrate your proactive approach and understanding of the local market.
✨Showcase Your Experience
Be ready to discuss your previous experience in running or owning a food-led pub. Highlight any successes you've had, especially in high street hospitality. Use concrete examples to illustrate how your background has prepared you for this role and how you can leverage that experience to enhance The Thirsty Bear.
✨Engage with the Interviewers
During the interview, don’t just answer questions—engage in a conversation. Ask insightful questions about the pub’s current challenges and opportunities. This not only shows your interest but also allows you to demonstrate your strategic thinking and how you can contribute to the pub's next chapter.
