The Red Lion, Brackley

The Red Lion, Brackley

  • The Red Lion, Brackley gallery image
  • The Red Lion, Brackley gallery image
  • The Red Lion, Brackley gallery image
  • The Red Lion, Brackley gallery image
  • The Red Lion, Brackley gallery image
  • The Red Lion, Brackley gallery image
Gallery View

Key Highlights

• Prominent location in centre of Brackley close to historic town hall

• Extensive patio area alongside pub, great for al fresco dining

• Good sized catering kitchen, with plenty of storage capacity

• Offered with three initial months free from commercial rent

• Payment plan available for fixtures and fittings

Pub Overview

With a historically strong level of trade established by its previous operators, The Red Lion presents an enticing opportunity to take on a popular community-focused local pub. Located in the centre of Brackley, within easy reach of the town's sizeable population, The Red Lion occupies a a prime roadside location that makes it an instant draw for both locals and visitors to the area. 

Suitable Applicants

The Red Lion would suit operators committed to providing great hospitality, with a desire to engage with their local community, enhance the pub’s food offer and build upon its already strong reputation for community activity. Financial know-how is required to maximise the pub’s profit potential, as is marketing experience in order to promote The Red Lion's events programme to the wider area.

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. £27,200
Security Deposit Approximate figure, paid in advance to Wells & Co. Ltd held to cover credit and rental charges. Returnable at the end of the agreement. £8,750
Stock and Glassware In the region of (paid to the outgoing licensee on the day of changeover) to cover the value of opening stock. £3,500
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 £500
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)  TBC
Working Capital Minimum working capital required £15,000
Fixtures and Fittings  Estimated valuation (paid to the outgoing licensee via the valuer at least 7 days in advance) to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment.  TBC
ANTICIPATED RETAINED INCOME
Drink Sales
Food Sales
Room Sales
Gaming Machines

Ongoing Costs

Service Charge Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only) £1,820
Accountancy Services fees for a nominated accountant £2,600
Stocktaking Services We recommend all licensees should have six professional stocktakes per annum £1,560
Rent In the region of (payable monthly in advance) £35,000
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

11 Market Place, Brackley, NN13 7AB
Destination community wet
Total Investment 20k - 30k
Potential Partner Profit £35k pa
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team