George Street Tap Hove
Summary
The George Street Tap is a fantastic pub found on a busy high street. This attractive pub consists of one room served by one long bar.
Description
The George Street Tap is a fantastic pub found on a busy high street. This attractive pub consists of one room served by one long bar. The pub has some fantastic features such as the beautiful tiling around the bar and cosy lighting features throughout the pub. There is also a pool table and darts board installed so that locals can enjoy a casual game over a few pints. The pub also has unrivalled facilities for watching sports in the area, with booth seating and plenty of screens ensuring a great atmosphere can be created. The pub would benefit from a strong rhythm of the week and could be a great space to host small live events, such as singing duos. Outside the front of the pub, you’ll find eight tables in the pedestrianised area of Hove, with little competition in the area, these outdoor tables give the pub great curb appeal.
Key Features
• Boosted Operator Earnings of 22% of net revenue: £93,600 – and that's just the baseline!
• Supercharge Your Income: Take home an additional 10% of profit above budget when you manage a high-volume pub! This bonus recognizes the extra effort required to run a thriving pub.
• Important Note: We do not ask you to invest your own money into the pub. You simply pay a £2,000 bond.
• Become a Craft Union Star: Increase your income by becoming a centre of excellence.
• Free BII Membership
• Be the Best: Win an all-expenses-paid trip to our yearly operator awards!
• Join a Growing Family: Be part of Craft Union's rapidly expanding estate, partnering with the UK's biggest pub company.
• Rent-free Accommodation (where applicable)
• Full Utilities Paid: Gas, Electric & Water (for the entire building including the accommodation)
• Cost of Sky & TNT Sports Included (pay-per-view events agreed upon with your Regional Manager)
• Security & Entertainment Packages Available (as agreed with your Regional Manager)
• Business Rates Covered
• Dedicated Support of a Regional Manager: Get ongoing guidance and support to develop your pub's proposition and build strong community engagement, leading to boosted sales opportunities.
Business & Financial Information
• Estimated ingoings (upfront): £2,000
• Full deposit: £2,000
• Forecast turnover (weekly): £468,000
• Forecast turnover (annual): £468,000
Ideal Operator
The ideal operator will be someone who is both knowledgeable and passionate about the Hove area. They will be able to identify opportunities for George Street to tap in to, and really push this pub to be a much-loved community local. They would be confident in marketing and navigating their way around socials to bring this pub to the forefront of people minds, while always creating a reason for them to visit. Most importantly they will strive to keep the George Street Tap a busy and vibrant pub in the heart of Hove.
Private Accommodation
Due to the prime location of this pub, there is no onsite accommodation. To ensure you get the best out of your pub and partnership with Craft Union we therefore offer an increased weekly percentage as well as accommodation support payments; these will be discussed with you at the interview stage.
Regional Manager's Thoughts
Regional Manager Simon believes this business could truly be something special with the right person leading this business. Through some great marketing activity, lots of reasons for people to visit, and some bravery to try something a little different this pub could be the best in Hove.
Surrounding Area
The pub is situated on a busy pedestrianised high street, which means it sees great footfall during the day. There is minimal competition, however, the pub is surrounded by some great restaurants foodies seek out. There are great transport links nearby with the train station offering direct trains to Brighton about 15 minutes away. Finally, the pub is close to the seafront with only a 10-minute walk between you and the sea.
Upfront cost
£2,000
Cost type:
Upfront
Key facts
Upfront cost
£2,000
Turnover (annual)
£468,000
Location
4-5 George Street, Hove, East Sussex BN3 3YA
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
Message the seller. We’ll forward your details so they can reply directly.