Many people dream of running a pub and being able to socialise while they work, without knowing how many considerations you have when running a public house. It takes much more work than enjoying a drink at the bar with a few locals, and you will need to be prepared for hard work and long hours. However, it can be a massively rewarding and enjoyable career if you find the right pub for you, but there are many factors to consider before deciding which pub you want to run. You can see some of these considerations listed below to help ensure you make an informed decision, and you choose the perfect put for your needs.

Your Perfect Type Of Pub

Before deciding on the ideal pub to rent, you must decide what type of pub you want to run, and various options are available. You might want to run a local pub on a housing estate or in a village, or you may prefer one that specialises in food. There are also town centre pubs that get busy with a younger crowd, or you could prefer one that has live music or focuses on showing sports. Many options are available, and you will want to select the best type of pub for your wants and needs.

The Ideal Location

The location of the pub is another significant factor to consider before deciding which pub is best, and although you may prefer peace and quiet, you must think from a business perspective. You want to grow the pub and increase your profits, so you want a location that can attract a lot of customers and has lots of passing trade. You want to look at the location of pubs carefully to determine their potential and see if they will meet your needs. It is worth visiting any [potential establishments at various times of day to see how busy they get and whether they will suit your needs or not. 

The Quality Of The Establishment

When looking at potential pubs, you will want to look at the quality of the building carefully before deciding whether to rent it or not. You may be liable for any work that needs to be done to the property, so you do not want to rent a pub that will require a lot of money to get it into good condition. When looking for the perfect pub to rent, if you find one that you deem suitable, it may be worth having an expert look at the building to assess its condition and if any significant work is required before agreeing on the lease.

The Pubs Decor

You may think that how a pub is decorated is not as important as you can always change it, but the cost of decorating is expensive. You want to make sure that any potential pub looks half decent and will not deter customers from spending time in the establishment. Look at the paint and wallpaper on the walls and see what condition they are in and look at the carpets and see what state they are in, as carpeting can be very expensive. The less money you need to spend on decorating a pub, the more profit you can make, so you want to find one in the best condition possible.

The Lease Agreement

When you find your ideal pub, another thing you must look at carefully is the lease agreement, which can vary quite drastically. However, most pub leases can be negotiated, so you can try to get a better deal to secure your ideal pub. It may also be worth having a solicitor examine any potential lease and ask for suggestions to make the terms more favourable to both parties.

The Stock You Will Sell

Something else that you must consider before taking on a pub is the stock you will sell and if you will be tied to a specific brewery or supplier for the drinks you will sell. Many rental agreements will also include whether there are limitations on where you can buy stock and what you can sell, and if you want complete control, you must ensure that you find a freehouse pub to run. 

These are a few factors to consider when looking for a quality pub to rent, but there are more besides these. You will need to look at the pub’s books and the running costs, staffing, and other factors to ensure that any potential pub meets your needs and requirements. Take your time when searching for a public house to rent, and do not rush any decisions. You can ensure you make an excellent choice when finding a pub to rent.