FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
Function Room
Property details
The Star of the East is a characterful and well-established East End pub located in the heart of Stepney. Renowned for its traditional charm and local following, the pub has built a reputation as a welcoming and authentic community venue. The business benefits from a mix of loyal regulars, local residents, young professionals and visitors seeking a genuine East London pub experience. With its distinctive atmosphere and established trading history, the Star of the East offers an excellent opportunity for an operator to build upon current trade.
Private Accommodation
To be discussed. Full details of the private accommodation will be made available during the application and viewing process. Prospective operators are encouraged to discuss their specific accommodation requirements with the Regional Manager as part of the recruitment process.
FindMyPub.com
Catering Kitchen
Trading style
The ideal operator for the Star of the East will be an operator-led publican who is highly visible within the business and passionate about creating a thriving community pub. The successful applicant will lead from the front, building relationships with customers, local groups and businesses while setting high standards across all aspects of the operation.
They will have a strong focus on driving wet sales through a compelling sports viewing offer, premium drinks range and a well-planned calendar of events. The ability to maximise the function room will be essential, generating additional revenue through private parties, meetings, community groups, corporate bookings and special occasions.
A simple, well-executed pub food offer should complement the wet-led nature of the business, encouraging repeat visits and broadening the pub's appeal without detracting from the core drinks proposition.
Key financials
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Reference Number:
FH4FW1 / 032545
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£15,835.00
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Annual Rent:
£60,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Business Details
| Forecast Turnover: | £849,513 pa |
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| Forecast Wet Turnover: | £635,717 |
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| Forecast Dry Turnover: | £213,796 |
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| Guide Rent Annual: | £60,000 |
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| Turnover Rent Annual: | £29,943 |
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| Turnover Rent (%): Instead of a fixed monthly rent, you'll pay a base rent (guide rent demonstrated above)
plus a percentage of your net turnover (the percentage is demonstrated above). | 4 % |
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Financial Details
| Full Deposit: | £15,000 |
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| Agreement Fee: | £835 |
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| Repair Fund: | £77 pw |
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| Fixtures / Fittings: | £192 pw |
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