Run a Star Pub

Run a Star Pub - Kilderkin Edinburgh - Edinburgh

Edinburgh

Full-Time

36000 - 60000 £ / year (est.)

No home office possible

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At a Glance

• Tasks: Transform The Kilderkin into a thriving pub with your unique ideas and vision.
• Company: Join a historic pub located on Edinburgh's iconic Royal Mile.
• Benefits: Opportunity to shape a successful business in a vibrant community.
• Why this job: Make your mark in hospitality while engaging with locals and tourists alike.
• Qualifications: Passion for hospitality and understanding of the local community.
• Other info: Exciting potential for growth with live entertainment and a diverse menu.

The predicted salary is between 36000 - 60000 £ per year.

Pub Overview

Edinburgh famous Royal Mile location.

What would you do with this pub to make it even more of a success?

The area:

Situated in the heart of Edinburgh’s historic city centre, right on the Royal Mile, The Kilderkin offers a unique opportunity. Its strategic location near both the Scottish Parliament and Holyrood Palace draws in over 500,000 annual visitors, with Edinburgh Waverley Station a short walk away. Within a 10-minute radius, nearly 8,000 residents reside and within a 20-minutes, over 40,000 potential customers can be reached. Despite the competition, The Kilderkin stands out favourably, benefiting from proximity to key landmarks, residential areas, and student hubs.

The offer:

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a strong 30/70 food & drinks offer. What food & drinks would you look to implement in the pub?

The site currently has the ability to drive trade via live entertainment, live sports and pub games machines. It offers a selection of a pub classic menu, coffees, and popular beers, ciders, wines and spirits.

We’re always open to new ideas, what would you do to drive trade?

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
• Catering Kitchen
• Outdoor Trade
• Live Sports
• New Deal
• Music Venue
• Pub Games
• Function Room

Trading Area & Facilities

• Main trading area with bar
• Separate bookable space, perfect for private parties and events
• 83 internal covers
• 12 external covers
• Catering kitchen

Private Accommodation

The pub has no private accommodation.

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

£37,475

Estimated Minimum Ingoing Costs

£15,158

Annual Rent

£55,903

Estimated Annual Turnover

£660,374

Deposit

£13,975

Estimated Fixtures & Fittings Value

£13,000

Estimated Stock Valuation

£7,000

Estimated Working Capital

£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.

Downloads

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Run a Star Pub - Kilderkin Edinburgh - Edinburgh employer: [Employer hidden — view at passion-project.co.uk]

The Kilderkin, located on Edinburgh's iconic Royal Mile, is an exceptional employer that values creativity and community engagement. With a focus on developing a vibrant food and drinks offer, the pub fosters a collaborative work culture where innovative ideas are welcomed, providing employees with opportunities for personal and professional growth in the bustling heart of Scotland's capital. Join us to be part of a dynamic team that thrives on delivering memorable experiences to both locals and visitors alike.

Contact Detail:

[Employer hidden] Recruiting Team

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StudySmarter Expert Advice 🤫

We think this is how you could land Run a Star Pub - Kilderkin Edinburgh - Edinburgh

✨Tip Number 1

Get to know the local community! Spend some time chatting with locals and understanding their preferences. This will help us tailor our food and drink offerings to what they actually want.

✨Tip Number 2

Show off your passion for hospitality! When you meet potential partners or customers, let your enthusiasm shine through. We want to see how much you love creating a great pub experience.

✨Tip Number 3

Bring fresh ideas to the table! Think about unique events or promotions that could attract more visitors. We’re all ears for innovative concepts that can make The Kilderkin the go-to spot on the Royal Mile.

✨Tip Number 4

Apply through our website! It’s the best way to get your application noticed. Make sure to highlight your understanding of the pub's potential and how you plan to drive trade.

We think you need these skills to ace Run a Star Pub - Kilderkin Edinburgh - Edinburgh

Understanding of the local community

Business Development

Customer Service

Hospitality Management

Menu Development

Event Planning

Marketing Skills

Financial Management

Live Entertainment Coordination

Problem-Solving Skills

Adaptability

Communication Skills

Some tips for your application 🫡

Show Your Passion for Hospitality:

When writing your application, let your love for hospitality shine through! We want to see how you connect with customers and what makes you excited about running a pub. Share any experiences that highlight your enthusiasm for the industry.

Know the Local Scene:

Make sure to demonstrate your understanding of the local community in Edinburgh. Mention any ideas you have for attracting both locals and tourists to The Kilderkin. We’re keen to hear how you plan to engage with the area and its residents!

Be Creative with Your Ideas:

This is your chance to stand out! Think about innovative food and drink offerings or unique events that could drive trade at The Kilderkin. We love fresh ideas, so don’t hold back—let us know what you envision for the pub!

Apply Through Our Website:

Ready to take the plunge? Make sure to apply through our website for a smooth process. It’s the best way for us to receive your application and get to know you better. We can’t wait to see what you bring to the table!

How to prepare for a job interview at [Employer hidden]

✨Know Your Local Community

Before the interview, do your homework on the local area around The Kilderkin. Understand the demographics, popular events, and what locals enjoy. This will help you suggest tailored ideas that resonate with the community and show that you’re genuinely interested in making the pub a success.

✨Bring Fresh Ideas for Food & Drink

Think creatively about the food and drink offerings you could introduce. Consider local favourites or unique twists on classic pub dishes. Be ready to discuss how these ideas can attract both tourists and locals, especially given the pub's strategic location.

✨Show Your Passion for Hospitality

During the interview, let your love for hospitality shine through. Share personal anecdotes about your experiences in the industry and how they’ve shaped your customer service approach. This will demonstrate your commitment to creating a welcoming atmosphere at The Kilderkin.

✨Engage with Live Entertainment Concepts

Since The Kilderkin has the potential for live entertainment, come prepared with ideas on how to leverage this feature. Whether it’s themed nights, local band showcases, or quiz nights, showing that you can drive trade through entertainment will set you apart from other candidates.

Run a Star Pub - Kilderkin Edinburgh - Edinburgh

[Employer hidden]

Location: Edinburgh

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Run a Star Pub - Kilderkin Edinburgh - Edinburgh

Edinburgh

Full-Time

36000 - 60000 £ / year (est.)

[Employer hidden]

100-200

View [Employer hidden] Profile

Run a Star Pub - Kilderkin Edinburgh - Edinburgh

Edinburgh

Full-Time

36000 - 60000 £ / year (est.)

[Employer hidden]

100-200

View [Employer hidden] Profile

Run a Star Pub - Kilderkin Edinburgh - Edinburgh

Edinburgh

Full-Time

36000 - 60000 £ / year (est.)

[Employer hidden]

100-200

View [Employer hidden] Profile