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Run a Star Pub - Hope & Anchor Greatham - Hartlepool
Star Pubs Leased & Tenancy
Hartlepool
On-site
GBP 11,000 - 32,000
Full time
2 days ago
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Job summary
An established industry player is seeking a passionate operator for a popular pub in Greatham. This exciting opportunity involves leveraging your extensive hospitality experience to develop a compelling food and drink menu while implementing effective marketing strategies. The right candidate will be instrumental in shaping the pub's future, creating memorable customer experiences, and driving footfall in a vibrant community. If you have a vision for enhancing a traditional pub and are eager to make a significant impact, this role is perfect for you. Join this dynamic environment and lead the pub into its next chapter of success.
Benefits
Private accommodation
Car park
Catering kitchen
Outdoor trade
Qualifications
- Extensive experience in high street hospitality is essential.
- Ability to develop a strong food & drink offer.
Responsibilities
- Drive trade through innovative food & drink offerings.
- Create memorable experiences for customers.
Skills
Experience in hospitality
Food & drink menu development
Marketing strategy
Customer experience creation
Job description
Pub Overview
The area
The Hope & Anchor is a popular high street pub in the village of Greatham, situated very close to Hartlepool. It is situated near to other local businesses on the main thoroughfare through Greatham. The village has a traditional feel and is mainly occupied by professional couples and families. New housing development is due to be built in the village which will boost the population and create an excellent opportunity to increase footfall.
The offer
Available on our foundation tenancy agreement. The potential of this pub lies in developing a strong food & drink offer. What food & drinks would you look to implement in the pub?
It offers a selection of popular beers, ciders, wines and spirits and a pub classic menu.
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 high street hospitality business. They will have a clear vision for their food & drinks menu and 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
Private Accommodation
The private accommodation is of a good size, suitable for a family. It consists of 3 bedrooms, kitchen, bathroom, and lounge. 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
£31,249
Estimated Minimum Ingoing Costs
£11,750
Annual Rent
£26,994
Estimated Annual Turnover
£415,314
Deposit
£6,749
Estimated Fixtures & Fittings Value
£15,000
Estimated Stock Valuation
£6,000
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
The area
The Hope & Anchor is a popular high street pub in the village of Greatham, situated very close to Hartlepool. It is situated near to other local businesses on the main thoroughfare through Greatham. The village has a traditional feel and is mainly occupied by professional couples and families. New housing development is due to be built in the village which will boost the population and create an excellent opportunity to increase footfall.
The offer
Available on our foundation tenancy agreement. The potential of this pub lies in developing a strong food & drink offer. What food & drinks would you look to implement in the pub?
It offers a selection of popular beers, ciders, wines and spirits and a pub classic menu.
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 high street hospitality business. They will have a clear vision for their food & drinks menu and 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
- Catering Kitchen
- Foundation Tenancy
- Car Park
- Outdoor Trade
- Private Accommodation
Trading Area & Facilities
- Main trading area with bar
- Separate dining room
- Catering kitchen
- Function room
- SmartDispense
- Outdoor trade
- Car park
Private Accommodation
The private accommodation is of a good size, suitable for a family. It consists of 3 bedrooms, kitchen, bathroom, and lounge. 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
£31,249
Estimated Minimum Ingoing Costs
£11,750
Annual Rent
£26,994
Estimated Annual Turnover
£415,314
Deposit
£6,749
Estimated Fixtures & Fittings Value
£15,000
Estimated Stock Valuation
£6,000
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
- Energy Performance Certificate Download
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