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For Companies At a Glance
- Tasks: Lead the iconic Old Tigers Head pub and shape its future success.
- Company: Join a well-established pub brand with a rich community history.
- Benefits: Competitive earnings, creative freedom, and a vibrant community atmosphere.
- Why this job: Make your mark on a beloved local pub and engage with the community.
- Qualifications: Experience in hospitality and a passion for food and drink.
- Other info: Opportunity to create a unique pub experience with endless potential.
The predicted salary is between 26700 - 35800 £ per year.
Run a Star Pub – Old Tigers Head Lee Green – London
Star Pubs Leased & Tenancy
London
£31,923 per year – estimated ?
CLOSING SOON
Pub Overview
Exciting Opportunity: Take the Helm of the Iconic Old Tigers Head in Lee Green
The Old Tigers Head, a cherished landmark in the heart of Lee Green, is now available for a passionate operator to take on this thriving business. Rich in history and brimming with potential, this is your chance to shape the future of a pub that has long been a cornerstone of the local community.
What would you do with this pub to make it even more of a success?
The area
Situated on the bustling crossroads of Lee Green, the Old Tigers Head enjoys high footfall and fantastic accessibility. With its prominent position and a welcoming exterior, the pub is perfectly placed to attract both loyal regulars and new visitors.
Demographics
The pub is one of 5 pubs found in an area of around 8,868 adults. The customer base is made up of mostly younger or mid-life adults.
The offer
Available on our FRI tenancy agreement. The potential of this pub lies in the versatility of the space, which provides endless opportunities to tailor the offer to your vision. Whether you\’re looking to create a hub for live entertainment, a destination for exceptional food and drink, or a relaxed community pub, the Old Tigers Head is a blank canvas with boundless potential.
What would you look to implement in the pub?
The site currently has the ability to drive trade via its large bar area, dedicated dining space, separate function room, and outdoor seating. It has a strong connection to local sports teams in the area as well.
The Old Tigers Head currently offers a food and drinks menu.
We\’re always open to new ideas, what would you do to drive trade?
If you\’ve benefited from running or owning a hospitality business, we\’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience working with food, as well as in a similarly community focused hospitality business. 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. Previous experience working with cask ales is also preferable.
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
- Cask Ale
- Catering Kitchen
- Outdoor Trade
- Private Accommodation
- Function Room
- LongTerm FRI Lease
Trading Area & Facilities
- Main trading area with bar
- Separate dining room
- 36 internal covers
- 30+ external covers
- Catering kitchen
- Function room
- SmartDispense
- Outdoor seating
Private Accommodation
The spacious private accommodation consists of 5 bedrooms.
Pub Financials
Estimated Total Ingoing Costs
£47,420
Estimated Minimum Ingoing Costs
£47,420
Annual Rent
£55,000
Estimated Annual Turnover
£716,432
Deposit
£13,750
Estimated Fixtures & Fittings Value
£19,170
Estimated Stock Valuation
£11,000
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
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Run a Star Pub - Old Tigers Head Lee Green - London employer: The Star
Contact Detail:
The Star Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Run a Star Pub - Old Tigers Head Lee Green - London
✨Tip Number 1
Get to know the local community! Spend some time in the area, chat with locals, and understand what they love about the Old Tigers Head. This will help you tailor your offerings and create a welcoming atmosphere that keeps them coming back.
✨Tip Number 2
Show off your vision! When you meet potential partners or investors, be ready to share your ideas for the pub. Whether it’s a new menu or exciting events, having a clear plan will make you stand out and show you mean business.
✨Tip Number 3
Network like a pro! Attend local events or join community groups to connect with other hospitality professionals. Building relationships can lead to valuable partnerships and insights that will help you run a successful pub.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for passionate operators who can bring fresh ideas to the table.
We think you need these skills to ace Run a Star Pub - Old Tigers Head Lee Green - London
Some tips for your application 🫡
Show Your Passion: When writing your application, let your enthusiasm for the Old Tigers Head shine through. Share what excites you about running this iconic pub and how you plan to engage with the local community.
Tailor Your Vision: Make sure to outline your unique vision for the pub. Whether it’s a focus on live entertainment or a revamped food menu, we want to see how you’d make the Old Tigers Head a go-to spot in Lee Green.
Highlight Relevant Experience: Don’t forget to mention any previous experience in hospitality, especially if you’ve worked with food or cask ales. We’re keen to know how your background can contribute to the success of the pub.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on this fantastic opportunity!
How to prepare for a job interview at The Star
✨Know Your Pub Inside Out
Before the interview, make sure you research the Old Tigers Head thoroughly. Understand its history, current offerings, and the local community it serves. Think about how you can enhance its appeal and what unique ideas you can bring to the table.
✨Craft Your Vision
Prepare a clear vision for the pub's future. Consider aspects like the food and drinks menu, entertainment options, and community engagement. Be ready to discuss how your experience aligns with this vision and how you plan to implement it.
✨Engage with the Community
Since the pub has a strong connection to local sports teams and the community, think of ways to strengthen these ties. Be prepared to share specific strategies on how you would attract both regulars and new visitors, making the pub a hub for local events.
✨Showcase Your Experience
Highlight your previous experience in hospitality, especially if you've worked with food and cask ales. Share examples of how you've successfully managed similar businesses and how those experiences will help you thrive at the Old Tigers Head.