If you are looking to let a pub in Berkshire, The Red Lion Upper Basildon is available !
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Let A Pub In Berkshire – The Red Lion Upper Basildon Is Available !
This beautiful village pub oozes with traditional charm and benefits from a decent footprint with a double-sided wood burner and exposed wooden beams throughout the trade areas. There is a welcoming bar area as you enter the pub and you the have a snug area to the left for drinking and dining and to the right of the bar is another large restaurant area.
The site has recently had a new external signage scheme installed and some new internal decorations and upgrades. The pub has a very large rear garden with a large covered upper garden structure suitable for hosting outdoor events as well as lots of room for plenty of outdoor seating to take advantage of the garden. There is a well-equipped kitchen to support a strong food led business that this site needs to focus on to take it to the next level. The pub is well supported by the local village but also benefits from significant destination dining guests due to its location in the beautiful countryside and pulls from further afield and surrounding villages. There is a good size car park to the rear of the pub.
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Private Accommodation
The site has a well-appointed private flat above the premises. It has two bedrooms. Lounge, kitchen, and bathroom.
Forecast Turnover: £427,752.67
Year 1 Rent: £0.00
Guide Rent: £30,000.00
Initial Deposit: £0.00
Full Deposit: £7,500.00
Full Tie Release: £34,000.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £10,000.00
Working Capital: £15,900.00
Stock & Glassware: £3,500.00
Cash Float: £1,500.00
Forecast Wet Turnover: £258,704.42
Forecast Dry Turnover: £169,048.25
Forecast Other Turnover: £0.00
The pub provides a fantastic opportunity for an experienced publican, preferable with a with a history of operating a food led business to utilise the pub and extensive gardens to their full maximum. As a rural community pub, The Red Lion is in a perfect location to gain footfall from the surrounding villages and become an ideal destination dining pub for customers to visit to continue experiencing.
