Run a Star Pub - Ruddington Arms Ruddington - Nottingham
The Star, The Park, City of Nottingham
Run a Star Pub - Ruddington Arms Ruddington - Nottingham
Salary not available. View on company website.
The Star, The Park, City of Nottingham
- Full time
- Permanent
- Onsite working
Posted today, 25 Apr | Get your application in now to be one of the first to apply.
Closing date: Closing date not specified
Job ref: da445162214b4a829c129837b27c0c42
Location ref: The Park, City of Nottingham
Full Job Description
Well established premium village pub with over 100 covers. What would you do with this pub to make it a success? The area The Ruddington Arms is located in the village of Ruddington, on the main road into the centre from the Wilford village end. The pub is surrounded by mixed housing.
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 the pub will have extensive experience in a hospitality business. They will have a clear vision for their food offer and can create a memorable experience for their 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
- Cask Ale
- Catering Kitchen
- Foundation Tenancy
- Outdoor Trade
- Private Accommodation Trading Area & Facilities
- Main trading area with central bar divided in to separate areas in an open plan environment
- 108 internal covers
- 24 external covers
- HEINEKEN SmartDispense
- Outside patio area
- Car Park Private Accommodation Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom, and office. 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 range from
- : £16,266 - £59,402 Annual Estimated Annual Turnover £803,473 Annual Rent £57,189 Entry Costs Deposit
- Deposit build up from 1 month rent £14,297
- Estimated Fixtures & Fittings Value
- Rented fixtures & fittings deal available £33,605
- Stock Valuation £8,000 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.