Run Star Pub - Stags Head Esh Winning

Overview

Pub Overview:
Great Village Pub. What would you do with this pub to make it even more of a success?

The Stag’s Head is a village local well positioned on a main road in the village of Esh-Winning, Durham. It sits on a corner plot, flanked by local shops and other amenities. Due to its central position, the pub attracts passing trade and locals alike.

The site offers a foundation tenancy agreement and has potential to develop a well thought through food and drinks offer. It currently drives trade via live entertainment, live sports and a selection of pub games such as pool and darts. It offers a selection of coffees, popular beers, ciders, wines and spirits.

What would you do to drive trade? If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right licensee will have extensive experience in a community-led hospitality business, a clear vision for food and drinks, a marketing strategy and an entertainment offer to create a memorable experience for customers. If this sounds like the opportunity you’ve been waiting for, apply today and share what you can bring to the pub’s next chapter.

• Develop and implement a food and drinks strategy that drives trade.
• Plan and manage marketing, events and entertainment to attract customers.
• Deliver a memorable customer experience in a community-focused setting.
• Lead operations under a foundation tenancy agreement and work with approved suppliers and licensing requirements.

• Extensive experience in a community-led hospitality business.
• Clear vision for the food and drinks menu and marketing strategy.
• Ability to create an engaging entertainment and events program.

• Main trading area with bar
• 30 internal covers
• 15 external covers
• Catering kitchen
• HEINEKEN Smart Dispense
• Pub garden

Private accommodation consists of three bedrooms, a living room, kitchen and bathroom.

With our 5 Star Promise, the rent at the start of the agreement is fixed until the end of the initial term.

Indicative entry costs range from £9,524 to £42,526.

Estimated Annual Turnover: £300,120

Annual Rent: £18,014

Deposit: £4,503 (deposit build up from 1 month rent)

Estimated Fixtures & Fittings Value: £30,000 (rented fixtures & fittings deal available)

Stock Valuation: £4,523

Working Capital

Required:

£3,500

The figures are provided as a guide and will be finalised as part of the commercial agreement. All figures exclude VAT. Ongoing costs include property maintenance and Smart Dispense. Details will be outlined prior to finalising a business plan and Heads of Terms.

Note:

Under FRI and Investment Tenancy Agreements deposits are 3 months’ rent in advance and F&F must be purchased. A deposit of 6 months’ rent is required for operators trading under a Limited Company with no guarantors. A minimum £10,000 un-borrowed funds is required to start up.

• Demographics Report Download