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Run a Star Pub - Stockwell Social (previously Tito's Peruvian Restaurant London) - London
Star Pubs Leased & Tenancy
London
On-site
GBP 69,000 - 798,000
Full time
Yesterday
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Job summary
An exciting opportunity awaits at a newly refurbished pub in central London! This vibrant establishment, soon to be known as Stockwell Social, is looking for a passionate operator to bring innovative ideas and engage with a youthful audience. With a focus on craft beers and a unique street food menu, you'll create an inviting atmosphere that draws in locals and visitors alike. This role offers the chance to shape the pub's future, manage events, and connect with the community. If you have a strong background in pub management and a flair for hospitality, this could be the perfect opportunity for you!
Benefits
Private Accommodation
Outdoor Trade
Refurbishment Planned
Catering Kitchen
Qualifications
- Extensive experience running or operating a pub business is essential.
- Understanding of London's fast-paced market is crucial.
Responsibilities
- Manage the refurbishment and operation of the Stockwell Social pub.
- Develop a vibrant atmosphere with live entertainment and events.
Skills
Pub Management
Customer Engagement
Event Coordination
Food and Beverage Knowledge
Education
Experience in Pub Business
Job description
Pub Overview
A full refurbishment will absolutely transform this city centre pub!
Located in the heart of Stockwell, Central London, the newly named "Stockwell Social" is set to become the go-to place in the area.
The area
Tito’s (soon to be Stockwell Social) is situated right next to Stockwell Tube Station in the heart of Stockwell, Central London, where there are over 18,000 adults within a 10-minute walk time. Limited competition in Stockwell, with majority of pubs found in Vauxhall, Clapham and Brixton, means there is opportunity to be ‘ The ’ pub of Stockwell! There is a huge amount of young professionals living in or around this area.
The offer
The Stockwell Social is available on our investment tenancy agreement. Once refurbished, the pub will offer a standout craft beer offering (featuring a strong Brixton Brewery selection) alongside a street food-inspired menu and regular live entertainment.
Drinks: The pub will offer an extensive selection of drinks, including lagers, ciders, spirits, wines, and cocktails, alongside a variety of soft drinks and low- and no-alcohol options.
Food: The menu will focus on an innovative street food offering, moving away from traditional pub classics. This vibrant and modern food concept will attract customers seeking something unique and exciting.
Coffee: A straightforward coffee offering will be available to cater to non-drinkers and daytime visitors.
Events: The pub will offer live sports, music and entertainment. These events will create a vibrant atmosphere and will drive a healthy rhythm of the week.
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 Operator
The right operator for the Stockwell social will have extensive experience running or operating a pub business. They will have an understanding of London's fast-paced market and a passion for connecting with a younger audience. They will be experienced in executing a quality food offer as well as managing an exciting calendar of events.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pubs next chapter...
Features
Trading Area & Facilities
The Stockwell Social will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs 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
The private accommodation consists of 6 bedrooms.
Pub Financials
Estimated Total Ingoing Costs: £140,685
Estimated Minimum Ingoing Costs: £140,685
Annual Rent: £69,000
Estimated Annual Turnover: £797,309
Deposit: £17,250
Estimated Fixtures & Fittings Value: £104,935
Estimated Stock Valuation: £15,000
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.
Downloads
A full refurbishment will absolutely transform this city centre pub!
Located in the heart of Stockwell, Central London, the newly named "Stockwell Social" is set to become the go-to place in the area.
The area
Tito’s (soon to be Stockwell Social) is situated right next to Stockwell Tube Station in the heart of Stockwell, Central London, where there are over 18,000 adults within a 10-minute walk time. Limited competition in Stockwell, with majority of pubs found in Vauxhall, Clapham and Brixton, means there is opportunity to be ‘ The ’ pub of Stockwell! There is a huge amount of young professionals living in or around this area.
The offer
The Stockwell Social is available on our investment tenancy agreement. Once refurbished, the pub will offer a standout craft beer offering (featuring a strong Brixton Brewery selection) alongside a street food-inspired menu and regular live entertainment.
Drinks: The pub will offer an extensive selection of drinks, including lagers, ciders, spirits, wines, and cocktails, alongside a variety of soft drinks and low- and no-alcohol options.
Food: The menu will focus on an innovative street food offering, moving away from traditional pub classics. This vibrant and modern food concept will attract customers seeking something unique and exciting.
Coffee: A straightforward coffee offering will be available to cater to non-drinkers and daytime visitors.
Events: The pub will offer live sports, music and entertainment. These events will create a vibrant atmosphere and will drive a healthy rhythm of the week.
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 Operator
The right operator for the Stockwell social will have extensive experience running or operating a pub business. They will have an understanding of London's fast-paced market and a passion for connecting with a younger audience. They will be experienced in executing a quality food offer as well as managing an exciting calendar of events.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pubs next chapter...
Features
- Investment Tenancy
- Private Accommodation
- Refurbishment Planned
- Catering Kitchen
- Outdoor Trade
Trading Area & Facilities
The Stockwell Social will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
- Main trading area with bar
- 130 internal covers
- 138 external covers
- Catering kitchen
- SmartDispense
- Extensive beer garden
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
The private accommodation consists of 6 bedrooms.
Pub Financials
Estimated Total Ingoing Costs: £140,685
Estimated Minimum Ingoing Costs: £140,685
Annual Rent: £69,000
Estimated Annual Turnover: £797,309
Deposit: £17,250
Estimated Fixtures & Fittings Value: £104,935
Estimated Stock Valuation: £15,000
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.
Downloads
- Demographics Report
- Energy Performance Certificate
- Refurbishment Details
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