• Fair Maintainable Trade* (FMT) Net Turnover: £320k per annum
  • Rent: £30,000
  • Wet/Dry split: 80%/20%
  • Historic site in a prime high street location
  • Spacious trading areas and patio garden
  • Large car park in a town centre site
  • Future opportunity to help develop an exciting new concept

The domestic accommodation comprises of 4 bedrooms, a kitchen, a living room, bathroom and separate WC, and an office.

Bedrooms – 4

Private kitchen – Yes

Lounge – 1

Office – Yes

Bathroom – 1

 

Top Line Figures

  • Rent: £30,000 per annum
  • Initial Investment: Minimum £20K
  • Fair Maintainable Trade* (FMT) Turnover: £320,000 per annum

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £1,000 plus VAT
  • Working Capital: TBC
  • Fixtures & Fittings: TBC (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Additional Information

  • Estimated Wet/Dry Split: 80%/20%
  • Business Rates: TBC
  • Available From: Immediately
  • Closing Date: 30/04/2022
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year*
  • TBC
  • TBC
  • TBC
  • TBC
  • Last Year*
  • TBC
  • TBC
  • TBC
  • TBC
  • 2 Years Previous
  • TBC
  • TBC
  • TBC
  • TBC

Trade
Asset 2

The Red Lion has been a very successful wet-led pub, trading on a late licence, with a vibrant evening trade. Live sport is a key element of the current business and the back room is well used for pool and has a large drop down TV. Machine income is also significant in this business.

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


“This is a fantastic opportunity for an enthusiastic operator who would welcome a short-term pub rental tenancy and enjoy the lively evening trade and sports offer of this pub.  We are looking for an experienced Business Partner who would be comfortable managing the existing business with its regular trade base, but also with the vision to introduce ideas to the business. There is great potential to capitalise on the prime high street location of this pub, which has an exciting future investment scheme planned.”

Scott Rhodes-Ward

Business Development Partner, South West 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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