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For Companies At a Glance
- Tasks: Take charge of a vibrant community pub and create a unique experience for customers.
- Company: Join the Crown & Sceptre, a bustling pub in the heart of Taunton.
- Benefits: Enjoy private accommodation and the potential for a thriving business.
- Why this job: Shape the future of a beloved local pub and engage with a diverse community.
- Qualifications: Previous experience in hospitality and a clear vision for food and drink offerings required.
- Other info: Opportunity to implement your ideas and drive trade in a popular location.
The predicted salary is between 30000 - 42000 £ per year.
Pub Overview
Fantastic opportunity to take over a community focused pub.
What would you do with this pub to make it a success?
The area:
The Crown & Sceptre is located in the town of Taunton, close to. The pub is surrounded by shops, food and retails outlets and mixed housing.
Taunton is a bustling, forward looking town with excellent amenities and infrastructure. There is an wonderful selection of independent and High Street shops, distinctive restaurants & cafes. The Crown & Sceptre is a few minutes’ walk from Taunton Train station with main lines to London Paddington, in addition a leisurely stroll to Taunton Somerset Cricket Club. The pub is located on a bustling corner and has strong footfall from local commuters and shoppers.
Demographics:
The pub benefits from being one of 19 pubs found in an area of around 6,162 adults. The majority customer base is made up of a mix of young and mature adults of medium income.
The offer:
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through 30:70 food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via, pub games machines and selection of pubs games, such as pool. It offers a selection of a pub classic menu, and 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 pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have previous experience in a similar hospitality business. They will have a clear vision for their marketing strategy and food & drinks menu 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
- Foundation Tenancy
- Catering Kitchen
- Car Park
- Private Accommodation
Trading Area & Facilities
- Main trading area with bar
- Separate raised dining area
- 40 internal covers
- Small kitchen
- Car park for 6 cars
Private Accommodation
Private accommodation consists of two bedrooms, a living room, kitchen, and bathroom.
Pub Financials
Pub Financials Icon
Estimated Total Ingoing Costs
£18,984
Estimated Minimum Ingoing Costs
£11,168
Annual Rent
£20,017
Estimated Annual Turnover
£327,389
Deposit
£5,004
Estimated Fixtures & Fittings Value
£4,480
Estimated Stock Valuation
£6,000
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 Download arrow
- Energy Performance Certificate Download arrow
Run a Star Pub - Crown & Sceptre Taunton - Taunton 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 Taunton - Taunton
✨Tip Number 1
Familiarise yourself with the local community and its preferences. Spend some time in Taunton, visiting other pubs and eateries to understand what works well and what doesn't. This insight will help you tailor your offerings to meet the needs of your potential customers.
✨Tip Number 2
Develop a unique selling proposition (USP) for the Crown & Sceptre. Think about what makes your pub stand out from the competition. Whether it's a special food menu, themed events, or unique drinks, having a clear USP will attract more patrons.
✨Tip Number 3
Network with local suppliers and businesses. Building relationships with local food and drink suppliers can not only enhance your menu but also create opportunities for cross-promotion with nearby shops and restaurants, driving more foot traffic to your pub.
✨Tip Number 4
Consider your marketing strategy early on. Think about how you can leverage social media, local events, and partnerships to promote the Crown & Sceptre. A strong marketing plan will be crucial in attracting customers and establishing your pub as a community hub.
We think you need these skills to ace Run a Star Pub - Crown & Sceptre Taunton - Taunton
Some tips for your application 🫡
Understand the Pub's Potential: Before applying, think about how you can enhance the Crown & Sceptre's offerings. Consider what unique food and drink options you could introduce to attract both locals and visitors.
Highlight Relevant Experience: In your application, emphasise any previous experience in running or managing a pub or similar hospitality business. Be specific about your roles and achievements to demonstrate your capability.
Craft a Vision Statement: Articulate a clear vision for the pub's future. Discuss your marketing strategy and how you plan to create a memorable experience for customers. This will show your understanding of the business and its community.
Tailor Your Application: Make sure your application is tailored specifically to the Crown & Sceptre. Mention the local demographics and how your ideas align with the needs of the community to show that you've done your homework.
How to prepare for a job interview at Star Pubs Leased & Tenancy
✨Know Your Community
Familiarise yourself with the local area and its demographics. Understand what the community values in a pub and how you can cater to those needs. This will show your commitment to making the Crown & Sceptre a community hub.
✨Present a Unique Food & Drink Concept
Prepare a well-thought-out proposal for your food and drinks menu. Consider incorporating local ingredients or unique offerings that set you apart from other pubs in the area. Be ready to discuss how this will drive trade.
✨Demonstrate Your Experience
Highlight any previous experience in running or owning a pub. Share specific examples of challenges you've faced and how you overcame them, as well as successes that could translate to the Crown & Sceptre.
✨Engage with Marketing Strategies
Come prepared with ideas for marketing strategies that can attract customers. Discuss how you would leverage social media, local events, and partnerships to create buzz around the pub and increase footfall.
