Tenant – The Red Lion – Leek

Dating back to the 18th century The Red Lion, a central landmark to the market place has held a prominent position as a social hub for historical events, meetings and a whole host of entertainment and going’s on for centuries. Today, the Red Lion is the place to be with their very own menagerie of drinks, live music, sports and spectacular food.

Profit Potential: £23,000 per annum: Rent: Only £200 per week

KEY FEATURES

Prominent centrally located pub with a small beer garden. There is a public carpark to the front and the rear of the pub. The Red Lion also benefits from a delightful snug with a real fire, with a further two real fires in the main pub area. There is a large open area at the rear of the pub leading to small beer garden area. There is also a function room on the first floor.

ACCOMMODATION

The site comes with accommodation which includes, 3 bedrooms, a living room, kitchen and bathroom.

SUITABLE APPLICANTS

With a rent of only £200 per week and a minimal £4000 ingoing this is a fantastic pub to run in the heart of Leek.

We are looking for a commercially astute individual or couple who enjoy being part of the local community.

You will have a talent for driving sales, a passion for cask ales and the ability to control the business in order to maximise your profits and have the necessary skills to run an effective food operation.

Applicants also need to be ‘hands on’ and able to provide strong and visible presence within the business.

FINANCIALS

One of the most important factors to consider when thinking about taking on a tenancy is the financial costs involved in getting up and running, and then on an ongoing basis. The below helps to illustrate the typical costs for this business, together with typical sales volumes. These figures are intended as a guide only at this stage, and may be subject to change.

Rent: £9600
Deposit: £4,000
Stock and Glassware: £2,000

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Facilities

LOCATION

Red Lion
Market Place
Leek
Staffordshire
ST13 5HH