Run a Star Pub - Chequers Inn Nottingham - Nottingham
The Star, The Park, City of Nottingham
Run a Star Pub - Chequers Inn Nottingham - Nottingham
Salary not available. View on company website.
The Star, The Park, City of Nottingham
- Full time
- Permanent
- Onsite working
Posted 1 day ago, 7 May | Get your application in today.
Closing date: Closing date not specified
Job ref: ae1c2bcd8b354690a785b792f284cd70
Location ref: The Park, City of Nottingham
Full Job Description
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
Located in the heart of Chilwell, a suburban area in Broxtowe, Nottinghamshire, this pub is surrounded by a strong local customer base. With 4,301 adults within a 10-minute walk, it sits in a medium to high affluence area with independent shops and a strong community spirit. Just five miles from Nottingham city centre, it's perfectly placed to attract locals, students, and families.
A £120,000 investment is planned to transform the Chequers Inn into a great community local. What would you do with this pub to make it a success?, Investment Tenancy - Outdoor Trade
- Live Sports
- Pub Games
- Private Accommodation Trading Area & Facilities
- Main trading area with bar
- 79 internal covers
- 48 external covers
- HEINEKEN SmartDispense
- Beer garden
- Car park with four spaces Private Accommodation Private accommodation consists of 4 bedrooms, lounge, kitchen, bathroom. Pub Financials Pub Financials Icon With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term. Indicative entry costs £28,890 Annual Estimated Annual Turnover £323,976 Annual Rent £21,558 Entry Costs Deposit £5,390 Estimated Fixtures & Fittings Value £14,000 Stock Valuation £6,000 Working Capital Required £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.