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For Companies At a Glance
- Tasks: Lead the transformation of a community pub into a vibrant social hub.
- Company: Join a dynamic team focused on revitalising local pubs and enhancing community experiences.
- Benefits: Enjoy flexible working hours, a supportive environment, and opportunities for personal growth.
- Why this job: Be part of an exciting refurbishment project and create memorable experiences for locals.
- Qualifications: Experience in hospitality and a passion for community engagement are essential.
- Other info: Private accommodation available; ideal for those looking to make a real impact.
The predicted salary is between 26091 - 36500 £ per year.
Pub Overview
What would you do with this pub to make it even more of a success?
The area
Located in the middle of a large estate in Kenton, close to Goforth, Newcastle. The pub benefits from a huge number of adults with no other pub nearby, with 3,937 people within a 10-minute walk and 13,362 within 20 minutes. The customer base is predominantly mid-affluence and over 35 years old. The pub is key to the estate and close to bus stops.
The offer
The Peacock is available on our investment tenancy agreement, Click here for more information on this agreement . We’re carrying out a full refurbishment to all rooms and toilets, redeveloping the kitchen, and updating the exterior with new signage and repairs to the fascia and roofline. Once complete, it will offer family pub favourites, Heineken UK drinks, coffee pod service, and a strong rhythm of the week including quizzes and live sport.
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 Peacock will have extensive experience in community led hospitality businesses. They will have a clear vision for their food & drinks menu, entertainment offer 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
- Investment Tenancy
- Refurbishment Planned
- Cask Ale
- Pub Games
- Outdoor Trade
- Car Park
Trading Area & Facilities
The Peacock will be undergoing a refurbishment which will cover the 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 pubs trading area and facilities post refurbishment will be:
- Main trading area with bar
- 95 internal covers
- 24 external covers
- Catering kitchen
- SmartDispense
- Small garden
- Car park with 25 spaces
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
Private accommodation consists of 3 bedrooms, kitchen, bathroom, a living room, and a living room
Pub Financials
Pub Financials Icon
Estimated Total Ingoing Costs
£39,764
Estimated Minimum Ingoing Costs
£39,764
Annual Rent
£26,091
Estimated Annual Turnover
£433,333
Deposit
£6,523
Estimated Fixtures & Fittings Value
£23,111
Estimated Stock Valuation
£6,630
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 - Peacock Newcastle - Newcastle Upon Tyne 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 - Peacock Newcastle - Newcastle Upon Tyne
✨Tip Number 1
Familiarise yourself with the local community and its demographics. Understanding the preferences of the predominantly mid-affluence, over 35 customer base will help you tailor your food and drink offerings to meet their expectations.
✨Tip Number 2
Think creatively about entertainment options that could attract customers. Since the pub is keen on quizzes and live sports, consider proposing unique events or themed nights that resonate with the local community's interests.
✨Tip Number 3
Prepare a clear vision for the pub’s menu and atmosphere. Highlighting your experience in community-led hospitality will demonstrate your capability to create a memorable experience that keeps customers coming back.
✨Tip Number 4
Engage with potential customers before applying. Use social media or local forums to gauge what the community wants from their pub, and incorporate this feedback into your application to show you’re in tune with their needs.
We think you need these skills to ace Run a Star Pub - Peacock Newcastle - Newcastle Upon Tyne
Some tips for your application 🫡
Understand the Pub's Vision: Before applying, take time to understand the vision for the Peacock pub. Think about how your experience aligns with their goals and what unique ideas you can bring to enhance the customer experience.
Craft a Tailored CV: Highlight your relevant experience in community-led hospitality businesses. Focus on your achievements in previous roles, especially those related to food and drink menus, entertainment, and customer engagement.
Write a Compelling Cover Letter: In your cover letter, express your passion for the hospitality industry and detail your vision for the Peacock pub. Include specific ideas on how you would drive trade and create memorable experiences for customers.
Showcase Your Financial Acumen: Since the role involves financial responsibilities, briefly outline your understanding of pub financials. Mention any experience you have with budgeting, managing costs, or increasing profitability in previous roles.
How to prepare for a job interview at Star Pubs Leased & Tenancy
✨Know Your Community
Familiarise yourself with the local area and its demographics. Understand the needs and preferences of the community, especially since the customer base is predominantly mid-affluence and over 35 years old. Be ready to discuss how you can cater to this audience.
✨Present Your Vision
Have a clear vision for the food and drinks menu, as well as entertainment options. Prepare to share innovative ideas that could drive trade, such as themed nights or special events that resonate with the local clientele.
✨Highlight Relevant Experience
If you have experience in running or owning a pub, be sure to highlight this during the interview. Discuss specific examples of how your past roles have prepared you to create a memorable experience for customers at the Peacock.
✨Engage with Questions
Prepare thoughtful questions to ask during the interview. This shows your interest in the role and helps you understand the expectations better. Consider asking about the refurbishment plans and how they envision the pub's future.
