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For Companies At a Glance
- Tasks: Lead and innovate at The Mash Tun pub, enhancing its success and customer experience.
- Company: The Mash Tun is a vibrant pub in Edinburgh, close to key attractions and a diverse community.
- Benefits: Enjoy the freedom to implement your ideas and benefit from a supportive investment tenancy agreement.
- Why this job: Join a dynamic environment with a mix of young adults and create memorable experiences for customers.
- Qualifications: Extensive hospitality experience and a clear vision for drinks, food, and service are essential.
- Other info: The pub will undergo refurbishment, offering a fresh start and exciting opportunities.
The predicted salary is between 36000 - 60000 £ per year.
Pub Overview
The Mash Tun offers a great opportunity for someone who wants to take on a well-backed pub with plenty of potential
What would you do with this pub to make it even more of a success?
The area
The pub benefits from being one of several pubs found in a densely populated area of 16,439 adults within a 10-minute walk. The customer base is made up of a mix of age groups, with an over-index of young adults and a blend of low and high affluence.
The Mash Tun is located on Easter Road in Edinburgh, close to the Hibernian football ground (capacity 20,400) and just a 15-minute walk from the city centre, train station, and the St James Quarter shopping and dining destination.
The offer
The Mash Tun is available on our investment tenancy agreement. Click here for more information on this agreement.
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 Mash Tun will have extensive experience in hospitality businesses. They will have a clear vision for their drinks, food, and service 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
- Investment Tenancy
- Catering Kitchen
- Live Sports
- Music Venue
- Pub Games
Trading Area & Facilities
The Mash Tun will be undergoing a refurbishment which will cover the inside and outside 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.
- 70 internal covers.
- 10 external covers.
- Catering kitchen.
- HEINEKEN SmartDispense.
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Private Accommodation
The pub has no private accommodation.
Pub Financials
Pub Financials Icon
Estimated Total Ingoing Costs
£27,151
Estimated Minimum Ingoing Costs
£11,384
Annual Rent
£34,602
Estimated Annual Turnover
£504,637
Deposit
£8,651
Estimated Fixtures & Fittings Value
£10,000
Estimated Stock Valuation
£5,000
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
- Refurbishment Details Download arrow
Run a Star Pub - Mash Tun Edinburgh - Edinburgh 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 - Mash Tun Edinburgh - Edinburgh
✨Tip Number 1
Familiarise yourself with the local area and its demographics. Understanding the mix of age groups and affluence levels will help you tailor your offerings to attract a diverse customer base, especially the young adults who are prevalent in the area.
✨Tip Number 2
Think creatively about how to enhance the pub's atmosphere and customer experience. Consider unique events or promotions that could draw in crowds, especially during key times like match days at the nearby football ground.
✨Tip Number 3
Prepare to discuss your vision for the pub's food and drink offerings. Having a clear and innovative plan can set you apart from other candidates and show that you're serious about making the Mash Tun a success.
✨Tip Number 4
Network with other local business owners and hospitality professionals. Building relationships in the community can provide valuable insights and support as you develop your strategy for running the Mash Tun.
We think you need these skills to ace Run a Star Pub - Mash Tun Edinburgh - Edinburgh
Some tips for your application 🫡
Understand the Pub's Potential: Before applying, take time to think about how you can enhance the Mash Tun's success. Consider the local demographics and what unique offerings you could introduce to attract a diverse customer base.
Highlight Relevant Experience: In your application, emphasise any previous experience in running or owning a pub. Be specific about your roles and achievements, particularly those that demonstrate your ability to create memorable customer experiences.
Craft a Vision Statement: Articulate a clear vision for the Mash Tun. Describe your ideas for the drinks, food, and service offerings, and how these will cater to the local community and drive trade.
Review Financial Understanding: Familiarise yourself with the financial aspects mentioned in the job description. In your application, show that you understand the estimated costs and financial commitments involved, and how you plan to manage them effectively.
How to prepare for a job interview at Star Pubs Leased & Tenancy
✨Show Your Vision
Be prepared to share your ideas on how to enhance the pub's offerings. Think about unique events, promotions, or menu items that could attract a diverse customer base.
✨Know the Local Market
Research the demographics of the area around Mash Tun. Understanding the mix of age groups and affluence will help you tailor your approach and demonstrate your knowledge of the local clientele.
✨Highlight Your Experience
Discuss your previous experience in hospitality, especially if you've run or owned a pub before. Share specific examples of challenges you've faced and how you overcame them to drive trade.
✨Engage with the Refurbishment Plans
Familiarise yourself with the refurbishment details and be ready to discuss how you would leverage these changes to improve the customer experience and increase footfall.
