Star Pubs Leased & Tenancy
Location
Evesham, Worcestershire | United Kingdom
Job description
Pub Overview
Located in the heart of the local community with great outdoor trading and function room.
What would you do with this pub to make it a success?
The area The Coach & Horses is located in the town of Harvington, close to Evesham. The pub is surrounded by rural housing and is well supported by the local community and known for its selection of cask ales.
Demographics The pub benefits from being one of only two pubs found in an area of around 900 adults. The majority customer base is made up of retirees, mature households and rural families.
The offer Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in introducing a well thought through food & drinksoffer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via providing entertainment, pub games machines and utilising the function room. It offers a selection of cask ales, a pub classic menu, and popular beers, ciders, wines and spirits.
We're always open to new ideas, what would you do to drive trade? Attitude is more valuable than experience. If you've got the following, we'd love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with customers.
- Experience working with food would be beneficial but not essential.
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
- Function Room
- Car Park
- Cask Ale
- Private Accommodation
- Foundation Tenancy
- Outdoor Trade
Trading Area & Facilities - Main trading area with bar
- Separate lounge / dining room
- Potential for 30 internal covers
- Potential 40 external covers
- Catering kitchen
- Function room with bar servery
- Large courtyard with bench style seating
- Separate small beer garden
- Large gravel car park with
- Darts board
Private Accommodation The private accommodation consists of 3 bedrooms; a lounge; separate kitchen and bathroom.
Pub Financials Annual Rent £
18,925
Estimated Annual Turnover £
295,518
Deposit £
4,731
Estimated Fixtures & Fittings Value £
5,000
Estimated Stock Valuation £
4,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
17,231
Estimated Minimum Ingoing Costs £
9,077
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.
Job tags
Salary
