If you are looking for managed partnership pubs in Wales, you could run The Red Lion Bonvilston !
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Managed Partnership Pubs In Wales – Run The Red Lion Bonvilston !
Managed Partnership Pubs In Wales – Run The Red Lion Bonvilston !
This pub offers an inviting traditional village pub feel. The Red Lion has one bar with dining throughout, a large beer garden to the rear of the pub and a large car park.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
This pub offers an inviting traditional village pub feel. The Red Lion has one bar with dining throughout, a large beer garden to the rear of the pub and a large car park.
If you’re looking for maximum freedom and the chance to run a business in your own way, a Marston’s tenancy will allow you to really flex your creative muscles. This agreement is for the real entrepreneurial types, who have a bit of money to invest, some solid business skills and the vision to bring their dream to life.
You can implement your own ideas and develop your own food offering. And, whilst you’ll be running your own business your way, you can still lean on the Marston’s team for all the support you need.
What’s in it for you?
- Keep 100% of the business’ profits.
- Put together your own menus and choose your own food.
- Keep 50% of profits from any gaming machines.
- Support obtaining your personal licence.
- Comprehensive induction training and ongoing support and training.
- A dedicated business development manager, working with you to help you grow the business.
- Access to our 450 strong-support teams whenever you need them – including Marketing, Recruitment and Food and Drink specialists.
- All our Pub Partners get access to our FREE Learning, Development and Training platform Campus (a package worth over £300!).
Things to consider
This agreement offers the most independence, but also needs a bigger commitment from you. You’ll need to put in a £5k security deposit or 25% of the annual rent, whichever is higher, plus pay your own rent (the yearly increase will be capped to the Retail Price Index) and cover your own legal fees. You will need to cover your own business insurance and start thinking about your team; taking care of paying them and all other employment matters.
We’re on-hand to offer guidance as you plan your business overheads, like business rates, annual service charge, Council Tax, and utility bills. Also, start thinking about any internal repairs and decoration you’d like to do to bring the place up to standard and consigning to an annual decorating fund. Not to mention what fixtures, fittings, and glassware you’ll get for your pub.
Before we all sign the agreement and see you heading into a whole new life, you’ll just need to show us proof that you’ve had independent financial and legal advice and have completed a sustainable business plan, in accordance with the Pubs Code. And, of course, obtain your personal licence (ask a member of our team about booking this course free of charge with us) and complete your induction training.
It’s a three or five-year commitment, so you have loads of time to build the business and get it performing brilliantly.
Private Accommodation
Fair Maintainable Turnover:
£212,567
Barrelage Discount:
£130
Training fee:
£550 +VAT
Legal fees:
£360
Working Capital:
£15,000
Security Deposit:
TBC
Stock & glassware:
£5,000
Total ingoing costs:
TBC
Rent:
£30,000
Service Charge:
£1,350
Decorating fund:
£2,000
Insurance:
£520
Total ongoing costs:
£33,870
We are looking for a good all round Operator(s); an excellent host offering hospitality to locals and visitors alike. Would need to be creative and adapt to the challenges of a small kitchen.
