One needs: -
suitable music policy
parking
public transport
drinkable beer
suitable greeter
suitable name (I like "folk" so that works for me)
suitable mix of guest nights and non-guest nights
pub that is not home to all the local crims (lots of folkies are social workers, teachers, and prison officers)
heating in winter
low noise penetration (both ways)
stability
a suitable "FHB" rule for busy nights

Oh, and can someone repeal the breathaliser legislation please?