At a Glance
- Tasks: Transform a vibrant pub into a local hotspot with your unique ideas.
- Company: Join the Meadows Tap, a lively pub in Edinburgh's heart.
- Benefits: Foundation tenancy agreement with potential for high earnings.
- Why this job: Make a real impact in the community and shape the pub's future.
- Qualifications: Passion for hospitality and understanding of local culture.
- Other info: Opportunity to drive trade through food, drinks, and entertainment.
The predicted salary is between 36000 - 60000 £ per year.
Amazing opportunity in the heart of Edinburgh. What would you do with this pub to make it a success?
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 retail outlets and mixed housing.
This pub enjoys a prime position as one of just 24 establishments 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.
Available on our foundation tenancy agreement. The potential of this pub lies in developing a strong food & drink offer. 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? Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you:
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with 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
Trading Area & Facilities:
- Main trading area with bar
- Separate dining room
- 50 internal covers
- Fully equipped kitchen
- SmartDispense
The pub has no private accommodation.
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 love about their pub experience. This insight will help us tailor our offerings to meet their needs.
✨Tip Number 2
Show off your passion for hospitality! When we’re interviewing, let your enthusiasm shine through. Share your ideas on how to create a welcoming atmosphere and engage customers – that’s what we’re looking for!
✨Tip Number 3
Think about the food and drink menu! Come prepared with suggestions on what you’d like to offer. Whether it’s unique cocktails or hearty pub classics, we want to hear your creative ideas that could drive trade.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect with us directly.
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 tick in this industry. Share your experiences and ideas that demonstrate your enthusiasm for running a pub.
Know the Local Community: Make sure to highlight your understanding of the local area and its demographics. We’re keen to know how you plan to engage with the community around Meadows Tap and what unique offerings you could bring to attract both professionals and students.
Be Creative with Your Ideas: We’re all about fresh ideas! In your application, don’t hold back on your vision for the pub. Whether it’s innovative food and drink options or exciting events, we want to hear how you plan to drive trade and make Meadows Tap a go-to spot.
Apply Through Our Website: Remember, the best way to apply is through our website. It’s super easy and ensures your application gets to us directly. So, take a moment to fill out the form and share your thoughts on what you can bring to this incredible opportunity!
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 area around Meadows Tap. Understand the demographics and what the locals enjoy. This will help you demonstrate your knowledge of the community and how you can tailor the pub's offerings to meet their needs.
✨Bring Fresh Ideas
Think about innovative food and drink options that could attract both professionals and students. Prepare a few suggestions to share during the interview, showing that you're proactive and ready to enhance the pub's menu and overall experience.
✨Show Your Passion for Hospitality
During the interview, let your love for hospitality shine through. Share personal anecdotes or experiences that highlight your customer service skills and how you’ve successfully engaged with patrons in the past. This will help convey your genuine enthusiasm for running the pub.
✨Prepare for Financial Discussions
Familiarise yourself with the financial aspects mentioned in the job description, such as estimated costs and turnover. Be ready to discuss how you would manage these figures effectively and ensure the pub's profitability, demonstrating your business acumen.