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Run a Star Pub - Old Tigers Head Lee Green - London
Star Pubs Leased & Tenancy
London
On-site
GBP 47,000 - 55,000
Full time
2 days ago
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Job summary
An exciting opportunity awaits at a cherished landmark pub in Lee Green. This role offers the chance to lead a thriving business with a rich history and a vibrant community presence. The Old Tigers Head is a blank canvas, ready for a passionate operator to implement their vision for food, drinks, and entertainment. With a strong local customer base and a versatile space, you can create a memorable experience for both regulars and new visitors. If you have extensive experience in hospitality and a clear vision for enhancing this community hub, this is your chance to make a significant impact.
Qualifications
- Extensive experience in food service and community-focused hospitality.
- Ability to create a memorable customer experience.
Responsibilities
- Manage the iconic Old Tigers Head pub and shape its future.
- Tailor the food & drinks offer and create a hub for entertainment.
Skills
Experience in food service
Community-focused hospitality
Vision for food & drinks menu
Experience with cask ales
Job description
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.
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.
Current Features
Candidate Requirements
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
Trading Area & Facilities
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.
Downloads
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.
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.
Current Features
- Large bar area
- Dedicated dining space
- Separate function room
- Outdoor seating
- Strong connection to local sports teams
- Food and drinks menu
Candidate Requirements
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.
Downloads
- Demographics Report Download
- Energy Performance Certificate Download
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