If you are looking to let a pub in East Ham, you could run The Red Lion !
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Let A Pub In East Ham – Run The Red Lion !
This is a rare opportunity and a gem of a pub in a cosmopolitan and fast-moving part of London. It is family and dog friendly, offering beers by draught, cocktails and a large selection of premium spirits and wine. The Red Lion boasts an innovative selection of handmade sourdough pizzas with roasts offered on Sundays. Along with regular weekly entertainment such as quiz nights, live music and DJs, this one of the best reviewed pubs in the area. The first-floor function room offers a great space for private functions, such as weddings and birthdays. The main trading area really brings a quirky and welcoming atmosphere to the pub, with up to 45 covers dotted around the space. The star of the show, however, is the garden, with a stretch tent, heaters and a fire pit, this is a perfect spot to escape the hustle and bustle and enjoy some quality with friends and family all year round.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The pub is situated on the main High Street South between East Ham and Barking, directly opposite Central Park, surrounded by a mixed of independent retail and high-density terraced housing. It’s an approximate five-minute walk from the main shopping area on East Ham High Street and 10 minutes from the nearest tube station
Private Accomodation
Two bedroom private accommodation.
Forecast Turnover: £406,844.79
Year 1 Rent: £35,000.00
Guide Rent: £45,000.00
Initial Deposit: £0.00
Full Deposit: £11,250.00
Full Tie Release: £35,500.00
Agreement Fee: £750.00
Repair Fund: £2,500.00
Fixtures & Fittings: £20,000.00
Working Capital: £24,500.00
Stock & Glassware: £5,000.00
Cash Float: £500.00
Forecast Wet Turnover: £285,786.46
Forecast Dry Turnover: £110,990.28
Forecast Other Turnover: £10,068.06
Additional Info
Ingoing Cost: £24,500.00
Annual Cost: £45,000.00
Agreement Type: Fixed Term Tenancy
The Red Lion is a charming little pub off Barking Road very close to the wonderful Central Park and East Ham High Street. It features a rather snazzy interior filled with neat period dressings and furniture, stripped wood floors and exposed brickwork making it feel deliberately well-worn. There is a fabulous outdoor area at the back of the pub with covered benches and a firepit, which is a hidden treasure in this part of London and a great place to enjoy those lazy summer evenings, rain or shine. The pubs pizza offer is known as being one of the best in London and they also offer a selection of roast options on Sundays. This would be a suitable business for an experienced publican who is able to immerse themselves in the local area and community and come up with innovative ideas to grow the business on the solid foundations and reputation created by the current operator.
