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For Companies At a Glance
- Tasks: Take charge of a refurbished pub and create an exciting atmosphere for locals and tourists.
- Company: Join Star Pubs, a leader in the hospitality industry with a focus on community.
- Benefits: Investment tenancy, private accommodation, and a chance to shape your own pub experience.
- Why this job: Make your mark in a vibrant location and drive the pub's success with your ideas.
- Qualifications: No experience necessary; just bring your passion for food and community engagement.
- Other info: Exciting refurbishment planned, with great potential for growth and creativity.
The predicted salary is between 30000 - 42000 £ per year.
Pub Overview
Refurbished Premium Local pub in Porthmadog.
The Ship offers a great opportunity for someone who wants to take on a well-backed, refurbished pub with plenty of potential.
What would you do with this pub to make it even more of a success?
The area:
The Ship is located in Porthmadog, North Wales, just on the edge of Snowdonia National Park. It is a historic port town, once the hub for exporting Welsh slate worldwide, and now a popular tourist base with excellent transport links.
There are 1,814 people within a 10-minute walk (1,516 over 18), but the area benefits hugely from seasonal visitors, with hundreds of thousands of tourists flocking to Snowdonia, Cardigan Bay, Pwllheli and Anglesey throughout the year.
Demographics:
The local population is of medium affluence with a more mature age profile. However, the large influx of tourists during the summer and holiday periods significantly boosts potential footfall.
Competition includes around 20 pubs within a mile, though only a handful serve food.
The offer:
The Ship is available on our investment tenancy agreement. Click here for more information on this agreement.
The refurbishment will deliver a fully redecorated and refreshed bar, lounge and toilets, bringing the pub back to the heart of the community. With Sky and BT Sport, local entertainment including quizzes and bingo, plus cask ales, premium lagers, wines and spirits, it will cater to both locals and tourists alike.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. The right operator for the Ship could be new or experienced but must be able to deliver great homecooked food, while promoting the pub to locals and visitors.
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
- Function Room
- Catering Kitchen
- Live Sports
- Private Accommodation
Trading Area & Facilities
The Ship will be undergoing a refurbishment which will cover the bar, lounge and toilets. The function room will remain as is, having been redecorated recently. Externally, no works are planned as the pub benefitted from a full signage and redecoration scheme last year.
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:
- Separate bar and lounge
- Large function room
- 76 internal covers
- Catering kitchen
- HEINEKEN SmartDispense®
- Sky and BT Sport
- Private accommodation
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, 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
The private accommodation consists of a kitchen, a lounge, two bedrooms, and a bathroom.
Pub Financials
Pub Financials Icon
Estimated Total Ingoing Costs
£51,934
Estimated Minimum Ingoing Costs
£51,394
Annual Rent
£44,326
Estimated Annual Turnover
£703,591
Deposit
£11,081
Estimated Fixtures & Fittings Value
£32,353
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 - Ship Hotel Porthmadog - Porthmadog 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 - Ship Hotel Porthmadog - Porthmadog
✨Tip Number 1
Get to know the local community! Spend some time in Porthmadog, chat with locals, and understand what they love about their pubs. This will help you tailor your offerings and create a welcoming atmosphere that keeps them coming back.
✨Tip Number 2
Show off your personality! When you apply, let your passion for hospitality shine through. Share your ideas on how to make The Ship a go-to spot for both locals and tourists. We want to see your vision!
✨Tip Number 3
Network like a pro! Connect with other pub owners and local businesses. Collaborations can boost your visibility and attract more customers. Plus, it’s a great way to learn from others’ experiences.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Make sure to highlight your unique selling points and what you can bring to The Ship's next chapter.
We think you need these skills to ace Run a Star Pub - Ship Hotel Porthmadog - Porthmadog
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 what makes you excited about this opportunity and how you plan to make The Ship a local favourite.
Be Creative: This is your chance to showcase your ideas! Think about unique ways to attract both locals and tourists. Whether it’s special events or a new menu, we’re all ears for your innovative concepts.
Tailor Your Application: Make sure to customise your application to highlight your relevant experience and skills. We want to know how your background aligns with the needs of The Ship and what you can bring to the table.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the easiest way for us to review your details and get back to you. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at Star Pubs Leased & Tenancy
✨Know Your Audience
Before the interview, do some research on the local community and the demographics of Porthmadog. Understand what locals and tourists might be looking for in a pub experience. This will help you tailor your ideas to attract both groups.
✨Bring Fresh Ideas
Think about unique offerings or events that could set The Ship apart from the competition. Whether it’s themed nights, special menus, or local partnerships, come prepared with specific suggestions that show your creativity and understanding of the market.
✨Showcase Your Passion for Hospitality
Attitude is key! Be ready to share your enthusiasm for running a pub and how you plan to create a welcoming atmosphere. Highlight any relevant experiences, even if they’re not directly in hospitality, that demonstrate your commitment to customer service.
✨Discuss Financial Savvy
Familiarise yourself with the financial aspects mentioned in the job description. Be prepared to discuss how you would manage costs, drive turnover, and ensure profitability while maintaining quality. This shows you’re not just passionate but also practical.
