• Fair Maintainable Trade* (FMT) Net Turnover: £387k per annum
  • Rent: £33,250 per annum
  • Wet/Dry split: 35%/65%
  • Characterful interior, full of traditional features
  • Beautiful, large garden, recently renovated and with stunning views
  • Great potential for outdoor events
  • Traditional rural pub with a varied guest base

 

The private accommodation is spacious, with 3 double bedrooms and a large lounge.

Bedrooms – 3

Private kitchen – Yes

Lounge  – 1

Bathroom – 1

 

Top Line Figures

  • Rent: £33,250 per annum
  • Initial Investment: minimum £25,000
  • Fair Maintainable Trade* (FMT) Turnover: £387,000 per annum

 

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £1,200 incl. VAT
  • Change of DPS Fee: £200 incl. VAT
  • Digital Assets Fee: £200 incl. VAT
  • Working Capital: £10,000
  • Fixtures & Fittings: Estimated at £27,000 – £30,000, but awaiting valuation (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings

 

Additional Information

  • Estimated Split: wet 35%/ dry 65%
  • Business Rates: Approx. £12,449
  • Available From: 01/08/2022 (or sooner by negotiation)
  • Closing Date: 24/07/2022

 

  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year
  • 54
  • 1060
  • 70
  • 1890
  • Last Year*
  • 68
  • 760
  • 50
  • 1429
  • 2 Years Previous*
  • 59
  • 380
  • 35
  • 1534

Trade
Asset 2

The Red Lion enjoys a strong and balanced lunchtime and evening trade, with a wide range of guests both from the local area and visitors enjoying the surrounding countryside. This pub benefits from a well established reputation for a quality food and hospitality offer.

*Trade volumes have been affected by Covid-19 lockdown closure periods.


“The ideal applicants for the Red Lion are operators with fresh ideas and a strong catering background. I’m looking for applicants who are passionate about immersing themselves in the local community, as well as delivering a high quality and consistent food, beverage and hospitality offer.”

Tony O’Neill

Business Development Partner, South East Region

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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