• Fair Maintainable Trade* (FMT) Net Turnover: £758k per annum
  • Rent:  8% of Net Turnover, with Target Rent of £60,000 per annum.
  • Initial Investment: £50,000
  • Wet/Dry split: 70%/30%
  • Established successful business
  • Historic, characterful pub dating back to 1407
  • Diverse range of guests with local regulars and high numbers of tourists

The Lion Inn is a striking building which dates back to the 1400’s and boasts many authentic features including a pair of Inglenook fireplaces. There is a landscaped garden at the front of the pub with a number of large traditional outdoor tables. On entering the pub, there is a spacious dining area with circa 50 traditional covers, and a less formal bar space, leading to a games area with a pool table.

The layout and feel of the pub is traditional.  There is a main bar and second small area with full infrastructrure including toilets, kitchen and cellar, located conveniently on the ground floor. To the rear of the building is car parking for circa 14 vehicles.

The private accomodation is spacious and has the potential to be used in a number of different ways. The operator’s flat has two bedrooms, lounge, bathroom, kitchen and office and in addition, there is a separate area comprising 4 rooms which can be used for letting.

Top Line Figures

  • Rent: 8% of Net Turnover, with Target Rent of £60k per annum.  Base 85%, capped at 150%.
  • Initial Investment: £50,000
  • Fair Maintainable Trade* (FMT) Turnover: £758k per annum

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £750
  • Working Capital: £5,000
  • Fixtures & Fittings: TBC but circa £30k.  (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Additional Information

  • Estimated Wet/Dry Split: 70%/30%
  • Business Rates: £22,196 per annum
  • Available From: Immediately
  • Closing Date: 05/07/19
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year
  • 369
  • 6210
  • 1270
  • 5250
  • Last Year
  • 317
  • 6570
  • 1450
  • 4750
  • 2 Years Previous
  • 281
  • 6120
  • 1320
  • 4260

Trade
Asset 2

The business is in significant growth with repeat custom attracted by great quality and reasonably priced drink, and a mainstream but well delivered food offer.  Evening trade is growing with regular live bands and DJ’s driving repeat business.  The pub is the ‘go to’ venue within the area.  Given the size of the business, it requires an experienced operator who is comfortable with a mixture of local community and food trade.


Misrepresentation

* Fair Maintainable Trade (FMT) is the level of turnover and profit that we believe that the business is capable of delivering if being operated competently. The FMT is usually calculated by the Business Development Partner for the pub, who will produce a shadow profit and loss account for the business which supports the rent. A copy of the shadow profit and loss account will be provided during the recruitment process. Please see our Code of Practice for more information on FMT and rent. The Fair Maintainable Trade is not a guarantee of levels of trade or profit that will be made from the business – we strongly recommend you seek appropriate independent legal and business advice as part of your Business Plan.

† The Full Investment Breakdown for each public house is higher than the minimum investment we will accept because potential Business Partners with the minimum investment available can still be accepted as we are able to offer them financial support for the rest of the monies. The working capital incorporates the purchase of stock, glassware, loose catering effects and valuer fees – please note the number quoted on this website are based on estimates. The exact costs will be determined on the day you take on the public house by independent valuers and stock takers. Please see our Code of Practice for more information about investment.

Asset 2

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