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For Companies At a Glance
- Tasks: Transform a vibrant pub into a local hotspot with your creative ideas.
- Company: Exciting opportunity at Meadows Tap in the heart of Edinburgh.
- Benefits: Foundation tenancy agreement with potential for high earnings and community impact.
- Why this job: Make your mark in hospitality and connect with a diverse local community.
- Qualifications: Passion for hospitality and understanding of local culture are key.
- Other info: No prior experience needed; attitude and creativity are what matter most!
The predicted salary is between 30000 - 42000 £ per year.
Pub Overview
Amazing opportunity in the heart of Edinburgh.
What would you do with this pub to make it a success?
The area
The Meadows Tap is located in the city of Edinburgh, close to George Square Gardens, the Holyrood Distillery and the Meadows. The pub is surrounded by shops, food and retails outlets and mixed housing.
Demographics
This pub enjoys a prime position in a busy location within a 10-minute walk serving a local population of approximately 15,000 adults. The core customer base consists largely of full-time professionals and students, offering strong and consistent footfall throughout the week.
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 strong food & drinksoffer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live entertainment, live sports and pub games machines. It offers a selection of a pub classic menu, coffees, and popular beers, ciders, wines and spirits.
We’re always open to new ideas, what would you do to drive trade?
Features
- Foundation Tenancy
- Catering Kitchen
- Live Sports
Trading Area & Facilities
- Main trading area with bar
- Separate dining room
- Fully equipped kitchen
- SmartDispense
Private Accommodation
No private accommodation.
Pub Financials
Pub Financials Icon
Estimated Total Ingoing Costs
£20,055
Estimated Minimum Ingoing Costs
£6,018
Annual Rent
£24,220
Estimated Annual Turnover
£376,577
Deposit
£6,055
Estimated Fixtures & Fittings Value
£10,000
Estimated Stock Valuation
£500
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 - Meadows Tap 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 - Meadows Tap Edinburgh - Edinburgh
✨Tip Number 1
Get to know the local community! Spend some time in the area, chat with locals, and understand what they want from their pub experience. This will help us tailor our offerings and create a welcoming atmosphere.
✨Tip Number 2
Show off your passion for hospitality! When we meet potential partners, let’s share our ideas on how to enhance customer service and create memorable experiences. A genuine love for the industry can really set us apart.
✨Tip Number 3
Bring fresh ideas to the table! Whether it’s unique food pairings or exciting events, let’s brainstorm ways to attract more customers. We want to hear what innovative concepts you have that could drive trade at the Meadows Tap.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way for us to see your application and get in touch. Let’s make sure we’re all on the same page and ready to kick off this exciting journey together!
We think you need these skills to ace Run a Star Pub - Meadows Tap Edinburgh - Edinburgh
Some tips for your application 🫡
Show Your Passion for Hospitality: When writing your application, let your love for hospitality shine through! We want to see how you connect with customers and what makes you excited about running a pub. Share your ideas on creating a welcoming atmosphere that keeps people coming back.
Know the Local Community: Make sure to highlight your understanding of the local area in your application. We’re looking for someone who knows what the community wants and can tailor the pub’s offerings to suit them. Mention any local trends or preferences you’ve noticed!
Be Creative with Food & Drink Ideas: We’re all about innovation, so don’t hold back on your food and drink suggestions! In your application, share some unique ideas that could set us apart from other pubs. Think about what would attract both professionals and students alike.
Apply Through Our Website: Ready to take the plunge? Make sure you apply through our website for the best chance of success! It’s the easiest way for us to review your application and get in touch. We can’t wait to hear what you can bring to the Meadows Tap!
How to prepare for a job interview at Star Pubs Leased & Tenancy
✨Know Your Community
Before the interview, take some time to research the local community around Meadows Tap. Understand the demographics and what they enjoy in terms of food, drink, and entertainment. This will help you present tailored ideas that resonate with the customer base.
✨Showcase Your Hospitality Skills
During the interview, highlight your passion for hospitality and your ability to connect with customers. Share specific examples of how you've created memorable experiences in previous roles. This will demonstrate that you have the right attitude, which is more valuable than experience.
✨Bring Fresh Ideas
Think creatively about how to drive trade at the pub. Prepare a few innovative concepts for food and drink offerings, as well as entertainment options. Presenting these ideas will show that you're proactive and ready to contribute to the pub's success from day one.
✨Understand the Financials
Familiarise yourself with the financial aspects mentioned in the job description, such as estimated costs and turnover. Being able to discuss how you would manage these figures effectively will demonstrate your business acumen and readiness to take on the responsibilities of running the pub.
