At a Glance
- Tasks: Run a vibrant community pub, curate events, and manage letting rooms.
- Company: The Greyhound Inn, a charming village pub in Stogursey.
- Benefits: Investment opportunity with potential for high returns and community engagement.
- Other info: Exciting refurbishment planned to enhance the pub's appeal.
- Why this job: Be the heart of the village, creating memorable experiences for locals and visitors alike.
- Qualifications: Experience in hospitality and a passion for community-focused service.
The predicted salary is between 30000 - 42000 £ per year.
Pub Overview
This charming pub is nestled in the quaint village of Stogursey, home to a close-knit community of 877 residents and conveniently situated just 12 miles from Taunton, a popular Somerset tourist destination with picturesque villages and breath-taking beaches. The immediate demographic within the village is closely-knit, while a mature and diverse audience of nearly 22,000 adults resides within a 20-minute drive, offering a rich pool of potential patrons. In the village, this pub stands alone without direct competitors, making it a beacon of social gathering, offering a unique experience that combines the warmth of a village local with the allure of nearby landmarks and the broader appeal of Bridgwater and its beautiful surroundings.
Great Potential!
This pub is a fantastic investment opportunity with its unique position as the sole village pub in Stogursey, poised to fulfil the high expectations of the locals, offering both the charm of a traditional pub and modern amenities. The ideal operator for this gem would be one capable of curating a vibrant, community-focused pub, rich in events, and adept at leveraging resources like Sky Sports, local charities, and the influx of tourists visiting the area. Moreover, the efficient management of four letting bedrooms will be vital to maximize occupancy and further boost revenue, solidifying this pub's potential as a standout destination in the area.
The Offer:
The Greyhound Inn is available on our investment tenancy agreement. When refurbished, the Greyhound will appeal to:
- Families looking for somewhere local to enjoy a quality, good value meal.
- Couples & groups of friends looking for a quality venue to watch the sport.
- Tourists & contractors looking for comfortable accommodation.
When refurbished, the Greyhound will offer:
- A full Heineken range drink offer
- A menu full of great pub classics
- A simple coffee offer
- Live sports through Sky Sports.
- Competitive socialising through pool & darts
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 Greyhound Inn will have extensive experience in similar community-led hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy and sports offer 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
- Refurbishment Planned
- Investment Tenancy
- Catering Kitchen
- Pub Games
- Outdoor Trade
- Letting Rooms
- Private Accommodation
Trading Area & Facilities
The Greyhound Inn will be undergoing a refurbishment which will cover the interior and exterior of the pub. The pub's trading area and facilities post refurbishment will be:
- Main trading area with bar
- Separate lounge / dining area
- Separate Sports area
- 44 dining and 26 drinking internal covers.
- 20 external covers
- Catering kitchen
- SmartDispense
- Four letting rooms.
- Outside trading area with garden
- Car park
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 & Bars, 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
Private accommodation consists of a bedroom/lounge and kitchenette open plan flat.
Pub Financials
Estimated Total Ingoing Costs £29,871
Estimated Minimum Ingoing Costs £29,871
Annual Rent £20,063
Estimated Annual Turnover £307,057
Deposit £5,015
Estimated Fixtures & Fittings Value £13,356
Estimated Stock Valuation £8,000
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 months' rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 months' 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 - Greyhound Inn Bridgwater - Bridgwater employer: Star Pubs Leased & Tenancy
The Greyhound Inn offers a unique opportunity to be part of a vibrant community hub in the picturesque village of Stogursey, where you can create memorable experiences for locals and visitors alike. With a focus on employee growth and a supportive work culture, this role allows you to leverage your hospitality expertise while enjoying the benefits of a planned refurbishment and a competitive social environment. Join us in shaping the future of this beloved pub, where your ideas and passion for community engagement will thrive.
Contact Details:
Star Pubs Leased & Tenancy Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Run a Star Pub - Greyhound Inn Bridgwater - Bridgwater
✨Tip Number 1
Get to know the local community! Spend some time in Stogursey, chat with residents, and understand their needs. This will help us tailor our pub experience to what they truly want.
✨Tip Number 2
Show off your personality! When we apply, let’s highlight our unique vision for the Greyhound Inn. Share ideas on events, menu items, and how we can make the pub a hub for locals and tourists alike.
✨Tip Number 3
Network like a pro! Connect with local businesses and organisations. Building relationships can lead to partnerships that drive traffic to our pub and create a vibrant community atmosphere.
✨Tip Number 4
Don’t forget to leverage social media! We should create buzz about our plans for the Greyhound Inn online. Engaging with potential customers before we even open can set us up for success.
We think you need these skills to ace Run a Star Pub - Greyhound Inn Bridgwater - Bridgwater
Some tips for your application 🫡
Show Your Passion:When you're writing your application, let your enthusiasm for running a pub shine through! We want to see how much you care about creating a vibrant community space and what unique ideas you have to make the Greyhound Inn a local favourite.
Tailor Your Experience:Make sure to highlight any relevant experience you have in hospitality or community-led businesses. We’re keen to know how your background can help us create memorable experiences for our customers, so don’t hold back!
Be Creative with Ideas:We love fresh ideas! In your application, share your vision for the food and drinks menu, marketing strategies, and any events you think could drive trade. Show us how you plan to make the Greyhound Inn a buzzing hub for locals and visitors alike.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, it gives you a chance to explore more about the Greyhound Inn and what we’re all about.
How to prepare for a job interview at Star Pubs Leased & Tenancy
✨Know Your Community
Familiarise yourself with the local community of Stogursey and its demographics. Understand what makes this village unique and how you can cater to the needs of the residents and tourists alike. This knowledge will show your commitment to creating a vibrant, community-focused pub.
✨Craft Your Vision
Prepare a clear vision for the Greyhound Inn's food and drinks menu, marketing strategy, and sports offerings. Think about how you can enhance the customer experience and drive trade through events and promotions. Presenting a well-thought-out plan will impress the interviewers.
✨Highlight Relevant Experience
If you've run or owned a pub before, be ready to share specific examples of your successes and challenges. Discuss how your past experiences can translate into managing the Greyhound Inn effectively, especially in terms of maximising occupancy in the letting rooms and engaging with the community.
✨Bring Fresh Ideas
Think outside the box and come prepared with innovative ideas to attract customers. Whether it's themed nights, partnerships with local charities, or unique promotions, showcasing your creativity will demonstrate your passion for making the Greyhound Inn a standout destination.
