The Red Lion, Brackley, Northamptonshire
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Get StartedPub Details
11 Market Place, Brackley, NN13 7AB
Gather Premium
Ingoing Costs: £20,450
Pub Rent: xx
About the Pub
The Red Lion is an attractive pub in the centre of town which is capable of all day trading, there is potential for building on the lunch and evening trade, for locals and passing footfall. The pub is currently very popular for late night trade at the weekends with music and bands. Pub to Let in Northamptonshire & Buckinghamshire.
Key Highlights
Prominent location in the centre of Brackley, opposite the historic town hall
Courtyard area to side of the pub for outside drinking and dining
Good sized catering kitchen
Large garden area to rear with plenty of storage
Function room to rear
Suitable Applicants
The Red Lion would suit operators committed to providing great hospitality, with a desire to engage with the local community and visitors alike and build on the food offer to really maximise the pub potential.
Financial Overview
APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings£20,450
Security Deposit
Payable in advance to Wells to cover charges incurred by your business (If your business is to operate as a limited company a bond of £10,000 is required, together with a personal guarantee for all directors)£10,000
Administration Fee
In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement£450
Working Capital
Minimum working capital required£5,000
Stock & Glassware
In the region of to cover the value of opening stock£5,000
Valuers Fee
In the region of (paid to valuer) for valuing fixtures and fittings.£800
Advanced Rent
In the region of (usually 1 month) – negotiable£TBC
Fixtures & Fittings
Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est)£6,000
Anticipated Retained Income
Ongoing Costs
Service Charge
Payable weekly, to include: Extraction cleaning x 3, cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only)£86.51
Accountancy Services fees
For nominated accountant in the region of
£99 p/w
Stocktaking Services
Six professional stocktakes per annum recommended£30 p/w
Rent
In the region of (payable weekly in advance)£423 p/w
It all starts with a vision.
We'll help you make it a reality.
From the minute you click apply, our team are there to give you all the right guidance and support, even long after you get the keys to your pub.
If you’re passionate, willing to learn and have a strong desire to serve your community, you’re definitely in the right place.
Click ‘Get Started’ to get the ball rolling.
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1 to 1 with an RDM
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Support & Training
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