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- Tasks: Lead the transformation of a premium pub, focusing on food and drinks offerings.
- Company: Join the vibrant Cork & Bottle in Hampstead Heath, a bustling high street pub.
- Benefits: Enjoy the freedom to innovate and create a community hub with a strong customer base.
- Why this job: Make your mark in a sought-after location while crafting memorable experiences for patrons.
- Qualifications: Extensive experience in hospitality and a clear vision for a premium pub menu required.
- Other info: No private accommodation available; financial commitment includes estimated costs and annual rent.
The predicted salary is between 36000 - 60000 £ per year.
Unique opportunity in a sought after area! The Cork & Bottle is a premium high street pub in the sought after area of Hampstead Heath, close to Royal Free Hospital. The pub benefits from a high footfall from morning until evening.
The customer base is made up of mostly mid-life people of high affluence. The potential of this pub lies in developing a strong food & drinks offer, and creating a premium high street pub. The area would benefit from a quality Sunday Roast or similar high end pub food.
The site currently has the ability to drive trade via a strong drinks offering as well as multiple screens for sports. 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 pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu and a strong rhythm of the week. Can create a memorable experience and community feel for their customers.
Features:- Foundation Tenancy
- Catering Kitchen
- Outdoor Trade
- Main trading area with bar
- 80 internal covers
- 10-20 external covers
- Catering kitchen
- HEINEKEN SmartDispense
- Small courtyard
Pub Financials:
- Estimated Total Ingoing Costs: £50,091
- Estimated Minimum Ingoing Costs: £23,150
- Annual Rent: £91,802
- Estimated Annual Turnover: £1,133,602
- Deposit: £22,951
- Estimated Fixtures & Fittings Value: £11,640
- Estimated Stock Valuation: £12,000
- 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.
Run a Star Pub - White Horse Hampstead (previously Cork & Bottle) - London 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 - White Horse Hampstead (previously Cork & Bottle) - London
✨Tip Number 1
Familiarise yourself with the local area and its demographics. Understanding the preferences of the affluent mid-life customer base in Hampstead Heath will help you tailor your food and drinks menu to their tastes, making your pub more appealing.
✨Tip Number 2
Consider innovative ideas for events or promotions that could attract customers. Think about hosting themed nights, live music, or sports events that resonate with the community, as this can significantly drive footfall and create a vibrant atmosphere.
✨Tip Number 3
Network with local suppliers and businesses to enhance your offerings. Building relationships with quality food and drink suppliers can help you create a premium menu that stands out, while also fostering community ties that can benefit your pub.
✨Tip Number 4
Prepare to showcase your previous experience in hospitality during discussions. Highlighting your successful strategies from past roles can demonstrate your capability to run the pub effectively and reassure us of your vision for making it a success.
We think you need these skills to ace Run a Star Pub - White Horse Hampstead (previously Cork & Bottle) - London
Some tips for your application 🫡
Understand the Pub's Vision: Before applying, take time to understand the vision for the Cork & Bottle. Think about how you can contribute to creating a premium high street pub experience and what unique ideas you can bring to enhance the food and drinks offering.
Highlight Relevant Experience: In your application, emphasise any previous experience you have in running or owning a pub or similar hospitality business. Be specific about your achievements and how they relate to the requirements of this role.
Craft a Compelling Business Plan: Consider including a brief outline of your business plan in your application. Detail your vision for the food and drinks menu, how you would drive trade, and any innovative ideas you have for attracting customers to the pub.
Tailor Your Application: Make sure your application is tailored specifically to the Cork & Bottle position. Use keywords from the job description and demonstrate your understanding of the local demographic and market trends in Hampstead Heath.
How to prepare for a job interview at Star Pubs Leased & Tenancy
✨Know Your Audience
Familiarise yourself with the demographics of Hampstead Heath. Understand the preferences of mid-life, affluent customers and think about how you can cater to their tastes in both food and drink.
✨Present a Unique Vision
Prepare a clear and innovative vision for the pub's food and drinks menu. Consider what makes your offering stand out and how it aligns with the premium nature of the location.
✨Engage with Community Ideas
Think about ways to create a community feel within the pub. Be ready to discuss ideas for events or promotions that could attract local patrons and enhance their experience.
✨Financial Acumen is Key
Be prepared to discuss the financial aspects of running the pub. Understand the estimated costs and turnover, and be ready to explain how you would manage these effectively to ensure profitability.
