Run a Star Pub - Manor House Wortham - Wortham
The Star, Wortham, Suffolk
Run a Star Pub - Manor House Wortham - Wortham
Salary not available. View on company website.
The Star, Wortham, Suffolk
- Full time
- Permanent
- Onsite working
Posted 2 weeks ago, 7 May | Get your application in now before you miss out!
Closing date: Closing date not specified
Job ref: 26874a7610bf4c1f9dd184948d169fe3
Location ref: Wortham, Suffolk
Full Job Description
If you've benefited from running or owning a pub business, we'd love to hear what experience you can bring. The right operator for Manor House will have extensive experience in hospitality businesses. They will have a clear vision for their food and drinks menu, alongside a strong marketing strategy, and can create a memorable experience that attracts both local residents and destination visitors.
The Manor House is situated in Wortham, near Diss, in a highly visible position along a busy main road leading to both Diss and the coast. This strong roadside presence offers excellent passing trade and accessibility, while the surrounding village setting brings charm and a sense of community. With around 60,000 people living within a 20-minute drive time, the pub benefits from a substantial and affluent catchment, creating a strong foundation for a premium food-led offer. The refurbishment will reposition the pub to better serve this audience, appealing to families and a broader mix of customers looking for a high-quality pub experience in a welcoming setting.
A £255,000 investment is planned to transform the Manor House into a high-quality Great Pub Great Food destination with a warm, inviting atmosphere. What would you do with this pub to make it a success?,
- Investment Tenancy
- Catering Kitchen
- Car Park
- Outdoor Trade
- Cask Ale
- Private Accommodation Trading Area & Facilities The pub after refurbishment will be decorated in a modern homely style. The Manor House boasts an open fireplace and striking wooden beams. There are several spaces throughout dedicated to both drinking and dining. Outside, the pub has a great space. Seating to the front of the pub as well as an appealing beer garden to the rear. Private Accommodation Self-contained private accommodation consists of two bedrooms, living room, galley kitchen and 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 £31,697 Annual Estimated Annual Turnover £438,342 Annual Rent £30,387 Entry Costs Deposit £7,597 Estimated Fixtures & Fittings Value £14,800 Stock Valuation £5,800 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.