Property Description
Traditional Village Pub
The Red Lion is a 16th Century Public house situated opposite the Church of St James the Great in the Buckinghamshire village of Bierton. It is conveniently located on the A418, the main road running through Bierton, connecting Aylesbury to Leighton Buzzard making it perfect for capturing passing trade.
The pub benefits from good demographics and have high affluence in the area with limited competition with no other pubs within a ten-minute walk time of the pub. The Red Lion offering will be a ‘premium local’ which there is a gap in the market for in the local area.
A pub with huge potential
The Red Lion will slot into a gap in the local market, offering good homecooked food and a great mix of traditional cask, lager and cider as well as a quality spirits and wine. As well as a unique atmosphere to compete with the local competition. The pub has 36 internal covers. All we’re looking for is the right operator with the right vision. A great food offer is essential, and you will be comfortable working behind the bar and in the kitchen.
Refurbishment Planned
An exciting refurbishment at this pub in Bierton in Buckinghamshire. This will include a complete redecoration and refurbishment to the indoor and outdoor trading spaces. Internally a sympathetic refurbishment which will include new back bar, refurbish existing fixed seating, retain and clean existing tiled floor, feature wallpaper, re-dec throughout and some new Fixtures &Fittings and toilet redecoration. Externally re-decoration including new signs & lights. We will also enhance the rear garden area.
Private accommodation at the pub consists of one bedroom, a lounge, dining room, kitchen and bathroom.
Premises license available on request.
Agreement Type
Foundation Tenancy
Property Facilities
Live Sports
Parking
Cask Ale
Outdoor Trade
Private Accommodation
Kitchen
Refurbishment Planned
Property Financials
Additional Information
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
