Job Description - Run a Star Pub - Maltshovel Inn Beeston - Nottingham
Pub Overview
Established Town Centre Pub
The pub is in the heart of Beeston town centre, just off the pedestrian zoned area. In a prime location close to a variety of shops and other businesses it is well placed to attract a mix of clientele. This pub is popular with the local community, shoppers and students. It has a steady footfall and forms part of a circuit with many other pubs in the town centre.
Currently, the pub offers a traditional pub menu but makes most of its trade through drinks sales. Renowned for its homemade Sunday roast and has a good reputation for cask ales.
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
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
Foundation Tenancy
Music Venue
Car Park
Cask Ale
Outdoor Trade
Private Accommodation
Monthly Billing
Weekly Billing
New Deal
Trading Area & Facilities
Trading Areas
One room operation that’s in 3 zones. Front bar area to the left as you walk in and 2 other areas for casual drinking but also popular for diners. Good Kitchen catering for 60 covers.
Small area for drinking at the front of the pub with several benches. The Car Park has facilities for 5 cars which is not always utilised. This space may offer a solution if you wish to create a larger outdoor trading area.
Private Accommodation
Private Accommodation
The private accommodation consists of 3 bedrooms, kitchen & bathroom and a lounge.
Pub Financials
Annual Rent £
17,787
Estimated Annual Turnover £
292,558
Deposit £
4,447
Estimated Fixtures & Fittings Value £
20,780
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
33,727
Estimated Minimum Ingoing Costs £
9,982
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.
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