tenancy
Brook Hill, Thorpe Hesley, Rotherham S61 2PY, UK
Approx. Total Ingoings
£9,750Annual Rent
£23,000The recently refurbished Red Lion is set in the heart of the large village of Thorpe Hesley, on the outskirts of Rotherham & Sheffield. The pub has an open plan trading area and is separated with distinct areas including a single bar servery, lounge, games room and tap room. Externally there is a well-kept beer garden with a BBQ area which has proven very popular during the summer months. The pub benefits very well from the locals as well as from passing trade with its excellent selection of cask ales, an established entertainment schedule and live sports. There is a compact trade kitchen inside the property which could be re-established to allow for a food offering to drive additional revenue. Stonegate Pub Partners are now seeking an experienced publican who is looking to expand their career in the industry who can integrate with the local community, continue the strong entertainment offer and re-introduce pub food to encourage trade and drive footfall.
Private Accommodation: The private accommodation is spacious, well decorated and is ideal for a family to live in. Comprising of three bedrooms, a lounge and kitchen.
Indoor trading area
The internal trading area is extremely well decorated and beautifully laid out. The Red Lion Inn is divided into three distinct areas all on one level, providing a relaxed and cosy setting. The lounge, which is ideal for dining has fixed and loose seating for over 40 covers. With its bright modern décor, the lounge is versatile enough to continue the entertainment schedule that is very popular with the locals. Leading off from the lounge is a games area complete with pool table and television screens showing all the latest sports and live games. A traditional tap room is also accessed from the lounge providing approximately 60 seated covers in total. All areas are served by a single bar servery that has a variety of cask ales available. There is a compact galley style kitchen that is not currently being used, therefore the new publican could introduce bar snacks and basic meals to generate extra revenue.
Outdoor trading area
There is an excellent beer garden to the rear of the pub with fantastic countryside views. It is enclosed making it ideal for families and proving popular in the summer months with barbeques. There is also space at the front of the pub to accommodate additional seating with picnic benches. The car park has space for 10 vehicles and street parking is also available.
Regional Manager Comments
The Red Lion Inn is a traditional wet led pub, perfectly located in the heart of the village. It attracts both locals and passing trade and benefits from offering cask ales, a well-established entertainment schedule and live sports. The pub has enjoyed some significant investment and is in excellent condition throughout. This is a great opportunity and would suit an experienced publican looking to expand their career in the industry.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Cask Ale
Approx. Total Ingoings
£9,750
Annual Rent
£23,000
Potential Turnover: £346,000 per annum
This is an estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Guide Rent: £23,000 per annum, payable weekly in advance.
The Proposed Agreement: Retail Partnership Tenancy
The Landlord is prepared to discuss other Partnership agreements.
They will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital Start-up: £9,750 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit, refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital - the amount will be dependent on your business plan.
Estimated Fixtures and Fittings Value: £9,000 (excl VAT)
To be discussed with the Regional Manager.
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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.
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Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.
