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Run a Star Pub - Barley Newport - Shropshire
Star Pubs Leased & Tenancy
England
On-site
GBP 44,000 - 80,000
Full time
2 days ago
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Job summary
An exciting opportunity awaits a dynamic operator to lead a newly refurbished pub in a vibrant market town. This venue promises to be a popular destination, catering to a diverse clientele, from local residents to university students. With a focus on quality food, an extensive drinks menu, and engaging weekend entertainment, the right candidate will have the chance to shape the pub's identity and drive its success. If you have experience in the pub industry and a passion for creating memorable customer experiences, this could be the perfect role for you. Join us in crafting the next chapter of this promising establishment!
Benefits
Private Accommodation
Outdoor Trade Area
Refurbishment Planned
Investment Tenancy
Qualifications
- Experience in managing high-volume pub operations is essential.
- Ability to create and implement effective marketing strategies.
Responsibilities
- Oversee the refurbishment and operation of a high street pub.
- Develop a diverse food & drinks menu to attract various customers.
Skills
Pub Management Experience
Food & Drink Menu Development
Marketing Strategy
Customer Experience Creation
Education
Experience in High Volume Food & Wet Sales
Job description
Pub Overview
Complete refurbishment planned.
A refurbishment will turn the Barley into a premium high street pub. A chameleon venue, covering all trading occasions from breakfasts through to the early hours on the weekend.
With the installation of a large, outdoor, covered terrace with heating and lighting creating a great all-year round trading space.
The area
The Barley is located in the Shropshire town of Newport. Newport high street is a typical large market town centre, with a mix of pubs, restaurants, and local shops. It also acts as a destination for many of the outlying villages in the surrounding area. 10,000 people living within a walking distance of the pub, as well as an additional 5,000 students that are enrolled at Harper Adams University (on the edge of town) every year.
A pub business with bags of potential
The potential of the Barley lies in its ability to operate as a chameleon venue, covering all trading occasions from breakfasts through to the early hours on the weekend. The quality of the surroundings, the ability to attract a variety of customers, 127 internal covers and 108 external will make this pub stand out well above the competition. All we are looking for is the right operator....
When refurbished, the Barley will appeal to a very broad spectrum of customers due to its multi-income stream offer, including:
The offer
The Barley is available on our investment tenancy agreement. When refurbished, the Barley will offer:
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
The right operator for the Barley will have experience of operating high wet and food volume town centre sites. They will have a clear vision for their food & drinks menu, marketing strategy, 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
Trading Area & Facilities
The Barley will be undergoing a refurbishment which will cover the interior and exterior of the pub.
The pub's trading area and facilities post refurbishment will be:
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, a living room, kitchen, bathroom, and office. Where required, there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
Pub Financials
Estimated Total Ingoing Costs: £62,203
Estimated Minimum Ingoing Costs: £62,203
Annual Rent: £44,813
Estimated Annual Turnover: £650,424
Deposit: £11,203
Estimated Fixtures & Fittings Value: £40,000
Estimated Stock Valuation: £7,500
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 months' rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 months' 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 of £10,000 un-borrowed funds.
Downloads
Complete refurbishment planned.
A refurbishment will turn the Barley into a premium high street pub. A chameleon venue, covering all trading occasions from breakfasts through to the early hours on the weekend.
With the installation of a large, outdoor, covered terrace with heating and lighting creating a great all-year round trading space.
The area
The Barley is located in the Shropshire town of Newport. Newport high street is a typical large market town centre, with a mix of pubs, restaurants, and local shops. It also acts as a destination for many of the outlying villages in the surrounding area. 10,000 people living within a walking distance of the pub, as well as an additional 5,000 students that are enrolled at Harper Adams University (on the edge of town) every year.
A pub business with bags of potential
The potential of the Barley lies in its ability to operate as a chameleon venue, covering all trading occasions from breakfasts through to the early hours on the weekend. The quality of the surroundings, the ability to attract a variety of customers, 127 internal covers and 108 external will make this pub stand out well above the competition. All we are looking for is the right operator....
When refurbished, the Barley will appeal to a very broad spectrum of customers due to its multi-income stream offer, including:
- A cross-section of local society from older customers looking for a quiet drink or value lunch.
- Harper Adams students looking for a vibrant weekend venue.
- Visitors to the town centre from surrounding villages.
The offer
The Barley is available on our investment tenancy agreement. When refurbished, the Barley will offer:
- A wide range of draught products from traditional lagers through to craft ales.
- A range of premium spirits supplemented by great cocktails and a fabulous wine list.
- A home-cooked, traditional pub classics food menu with a variety of specials.
- Coffee and Wi-Fi.
- Weekend entertainment and DJs to maximise the night opportunity.
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
The right operator for the Barley will have experience of operating high wet and food volume town centre sites. They will have a clear vision for their food & drinks menu, marketing strategy, 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
- Refurbishment Planned
- Investment Tenancy
- Catering Kitchen
- Outdoor Trade
- Private Accommodation
Trading Area & Facilities
The Barley will be undergoing a refurbishment which will cover the interior and exterior of the pub.
The pub's trading area and facilities post refurbishment will be:
- Main trading area with central bar.
- 127 internal covers.
- 108 external covers.
- Commercial kitchen.
- Smart Dispense.
- Large, covered terrace with lighting and heating for outdoor trading.
- Operator car parking.
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, a living room, kitchen, bathroom, and office. Where required, there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
Pub Financials
Estimated Total Ingoing Costs: £62,203
Estimated Minimum Ingoing Costs: £62,203
Annual Rent: £44,813
Estimated Annual Turnover: £650,424
Deposit: £11,203
Estimated Fixtures & Fittings Value: £40,000
Estimated Stock Valuation: £7,500
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 months' rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 months' 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 of £10,000 un-borrowed funds.
Downloads
- Demographics Report Download
- Energy Performance Certificate Download
- Refurbishment Details Download
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