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For Companies At a Glance
- Tasks: Lead the transformation of a vibrant pub, engaging with the local community and students.
- Company: Exciting opportunity with Star Pubs to run a newly refurbished venue.
- Benefits: Investment tenancy, potential for high earnings, and creative freedom.
- Why this job: Shape the future of The Victoria Park and create a lively atmosphere.
- Qualifications: Experience in running or owning a pub, energetic and creative mindset.
- Other info: Great location near Leicester University with a strong customer base.
The predicted salary is between 30000 - 42000 £ per year.
Pub Overview
Full internal and external refurbishment planned including new name and rebrand to The Victoria Park. Prime position on Welford Road opposite Victoria Park and close to Leicester University. 68 internal covers and 139 external covers. Large beer garden and six-space car park. Premium Local with contemporary design and casual dining offer. The Victoria Park offers a great opportunity for someone who wants to take on a well-backed, refurbished pub with plenty of potential.
The area
The Victoria Park sits just outside Leicester city centre on Welford Road, opposite Victoria Park and close to the University of Leicester. The pub benefits from strong footfall thanks to its busy roadside position and proximity to the city’s student housing, retail, and leisure areas. There are around 7,660 adults within a 10-minute walk, rising to over 23,000 within 20 minutes. The area is well populated with students and young adults, making it an ideal location for a lively, modern Premium Local.
The offer
The Victoria Park is available on our investment tenancy agreement. The refurbishment will completely transform the pub, creating a welcoming, contemporary space. Inside, the main trade area will be fully redecorated with a new bar, finishes, furniture, and refurbished toilets. Externally, there will be new signage, full redecoration, and a refreshed beer garden with improved seating and lighting. Once complete, The Victoria Park will trade as a Premium Local offering a quality mix of premium lagers, cask ales, ciders, wines, spirits, and cocktails. The food offer will be low-skilled but trendy, focusing on burgers, pizzas, and other casual dishes. Entertainment such as live music, sport, quizzes, and events will build rhythm and attract a diverse customer base.
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 Victoria Park will be energetic, creative, and confident in engaging both the local and student communities. 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
- Catering Kitchen
- Live Sports
- Music Venue
- Car Park
- Outdoor Trade
Trading Area & Facilities
The Victoria Park will be undergoing a refurbishment which will cover the full 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 area and facilities post refurbishment will be:
- Main trading area with bar
- 68 internal covers
- 139 external covers
- Catering kitchen
- HEINEKEN SmartDispense ®
- Beer garden
- Six-space car park
- 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 Accommodation
The private accommodation is split over 2 floors and consists of 3 bedrooms, a kitchen, lounge, bathroom and a storeroom.
Pub Financials
Estimated Total Ingoing Costs £42,310
Estimated Minimum Ingoing Costs £42,310
Annual Rent £27,238
Estimated Annual Turnover £450,572
Deposit £6,810
Estimated Fixtures & Fittings Value £25,000
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 - Donkey Leicester (to be renamed Victoria Park) - Leicester 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 - Donkey Leicester (to be renamed Victoria Park) - Leicester
✨Tip Number 1
Get to know the local scene! Spend some time in the area around The Victoria Park, chat with locals and students, and understand what they want from a pub. This will help you tailor your ideas to attract more customers.
✨Tip Number 2
Show off your creativity! When you apply, share your unique ideas for events or promotions that could make The Victoria Park the go-to spot. Think about live music nights, quiz events, or themed food nights that resonate with the student crowd.
✨Tip Number 3
Network like a pro! Connect with other pub owners or operators in the area. They can offer valuable insights and tips on what works best in Leicester. Plus, it shows you're serious about being part of the community.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Make sure to highlight your experience and how you plan to make The Victoria Park a success in your application.
We think you need these skills to ace Run a Star Pub - Donkey Leicester (to be renamed Victoria Park) - Leicester
Some tips for your application 🫡
Show Your Passion: When you're writing your application, let your enthusiasm for the pub and the local community shine through. We want to see how excited you are about taking The Victoria Park to the next level!
Be Creative: This is your chance to showcase your ideas! Think about what unique offerings or events you could bring to the pub. We love fresh concepts that can attract both locals and students alike.
Highlight Relevant Experience: If you've got experience running or owning a pub, make sure to mention it! We want to know how your background can contribute to making The Victoria Park a success.
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 get the ball rolling on this exciting opportunity.
How to prepare for a job interview at Star Pubs Leased & Tenancy
✨Know Your Audience
Before the interview, do some research on the local community and student demographics around The Victoria Park. Understanding their preferences will help you tailor your ideas for the pub's offerings and events, showing that you're genuinely interested in engaging with the clientele.
✨Bring Creative Ideas
Think about innovative ways to attract customers to The Victoria Park. Whether it's themed nights, live music, or unique food pairings, come prepared with a few solid concepts. This will demonstrate your creativity and willingness to make the pub a vibrant spot in the area.
✨Showcase Your Experience
If you've previously run or owned a pub, be ready to share specific examples of what worked well and what didn’t. Highlighting your past successes and lessons learned will build credibility and show that you have the practical knowledge needed to drive trade at The Victoria Park.
✨Engage with Enthusiasm
During the interview, let your passion for the hospitality industry shine through. Be energetic and confident when discussing your vision for the pub. Engaging with enthusiasm will not only make a great impression but also reflect the lively atmosphere you aim to create at The Victoria Park.
