The Red Lion, Yardley Hastings
2 months FREE rent

The Red Lion, Yardley Hastings

  • The Red Lion, Yardley Hastings gallery image
  • The Red Lion, Yardley Hastings gallery image
  • The Red Lion, Yardley Hastings gallery image
  • The Red Lion, Yardley Hastings gallery image
  • The Red Lion, Yardley Hastings gallery image
  • The Red Lion, Yardley Hastings gallery image
  • The Red Lion, Yardley Hastings gallery image
  • The Red Lion, Yardley Hastings gallery image
  • The Red Lion, Yardley Hastings gallery image
  • The Red Lion, Yardley Hastings gallery image
  • The Red Lion, Yardley Hastings gallery image
  • The Red Lion, Yardley Hastings gallery image
Gallery View

Key Highlights

Beautiful, traditional thatched English pub with private accommodation
Great location in the heart of an affluent village 
Highly visible from the A428 main road between Bedford and Northampton
Ideal for operator with a passion for great food
Payment plan available for fixtures and fittings

Pub Overview

The Red Lion has been described more than once as being ‘the perfect country pub’ and following a visit to this Northamptonshire gem it’s hard to argue otherwise. It's clean yet rustic bar, thoughtful drinks selection and highly regarded food menu all contribute to its well-earned regional reputation. Following an extensive refurbishment in 2016, the pub has everything it needs to maintain its consistently bustling trade well into the future under the right operator.


The Red Lion boasts a traditional bar area to the front, a good-sized lounge bar with 18 covers, a restaurant with 32 covers and a delightful ‘snug’ dining area with an additional 8 covers, not to mention a beautifully-presented beer garden and ample parking. Bespoke events are a highlight: one-off menus, drinks pairings and a beautiful space in which to host combine to offer the chance to create a really special night.

Suitable Applicants

Operators suitable for The Red Lion will have proven experience in operating a quality food-led business. Maintaining the pub’s warm and friendly atmosphere will be key, as will a passion for first-class customer service and a desire to maintain The Red Lion’s enviable position at the heart of its local community. Sound marketing skills will be equally important in attracting visitors from further afield.

Financial Overview

ANTICIPATED INVESTMENT REQUIRED

We estimate the Investment required for this pub would be as follows:

APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings
£18,400
Security Deposit
Payable in advance to cover charges incurred by your business. If your business is to operate as a limited company a bond of £10,000 is required together with a personal guarantee from all directors
£7,000
Stock and Glassware
In the region of (paid to the outgoing licensee on the day of changeover) to cover the value of opening stock
£4,500
Valuers Fees
In the region of( paid to valuer) for valuing fixtures and fittings.Minimum working capital required
£800
Training Course Fees 
 Per person (payable to Wells & Co. Ltd) 5 day  induction course mandatory for all licensees – NB £800 for two people
£0
Administration Fee
In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement
£400
Advance Rent
In the region of (usually 1 month) 
£0
Working Capital
Minimum working capital required
£5,700
Fixtures and Fittings
 Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment. 
£20,000
ANTICIPATED RETAINED INCOME
Drink Sales
Food Sales

Ongoing Costs

Service Charge
Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only)
£4,123
Accountancy Services
fees for a nominated accountant
£4,254
Stocktaking Services
We recommend all licensees should have six professional stocktakes per annum
£1,356
Rent
In the region of (payable monthly in advance)
£34,000
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

89 High St, Yardley Hastings, Northamptonshire, NN7 1ER
Destination community food
Total Investment 15k - 20k
Potential Partner Profit £37,000 pa
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team