Red Lion
Woolverton
Somerset
BA2 7QS
Est. Ingoing Costs £21,000
More about The Red Lion
The new business partners here will be ideally suited to a village environment with the ability to organise and manage a busy kitchen and dining room. This site would ideally suit an experienced couple with extensive catering knowledge looking to live and work in this charming village pub.
The Red Lion was previously run as a Managed house and subsequently has a good level of catering equipment and fixtures and fittings. Situated on the A36, the main arterial road between Salisbury and Bath / Bristol, this is an ideal stop off point for shoppers and holiday makers. The site benefits from 80 covers inside and another 60 outside with a children’s play area.
- Deposit £8,000
- Fixtures & Fittings TBC
- Stock (estimated to be) £5,000
- Working capital (minimum) £8,000
- Total £21,000
The pub has two separate trade areas: the main dining room with a gas effect log burning stove and seating for c.65 and the snug with seating for c.15 with an open fireplace, leading to the toilets and a small external patio area to the rear of the pub. The site also benefits from an extensively fitted trade kitchen and wash up areas.
There are four main external trade areas; the rear garden with bench seating for circa 40, front patio with 30 covers and a front and side garden with children’s play area across the car park. The cark park can accommodate 35 cars.
The spacious private accommodation has two private accesses and is spread across two floors. The first floor has a large fitted kitchen, large office or dining area, a family bathroom with separate bath and shower, two double bedrooms and a lounge area. The second floor has a further two large double bedrooms.
For more advice on taking a pub tenancy and benchmarking costs of similar pubs, go to:
BBPA: www.beerandpub.com
ALMR: www.almr.org.uk
BII: www.bii.org
PEAT: www.bii.org/BII/Industry-Advice/PEAT.aspx
Code of Practice Tenants: www.thepubgoverningbody.co.uk/wp-content/uploads/2016/08/Code-of-Practice-Tenants.pdf
Code of Practice Lessees: www.thepubgoverningbody.co.uk/wp-content/uploads/2016/08/Code-of-Practice-Lessees.pdf