If you are looking for a pub tenancy in Powick , The Red Lion Inn is available !
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Pub Tenancy In Powick – The Red Lion Inn Is Available !
Pub Tenancy In Powick – The Red Lion Inn Is Available !
The Red Lion is one of the oldest public houses in the village of Powick, an affluent area just ten minutes from the centre of Worcester. The building itself is very traditional, with some more modern updates having been completed inside. The bar has an open plan trading area and a pool room with additional covers. Externally, there is a terrace to the front of the pub recently upgraded and car parks at the front and rear.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Red Lion is located in the village of Powick, an affluent area situated south-west of Worcester and a ten-minute drive from the city centre. The property is also located a fourteen-minute drive from the idyllic scenery of the Malvern Hills, attracting footfall from customers seeking a refreshing drink after exploring the British Countryside. The pub lies on the ring road and has easy access to the M5.
Private Accomodation
The private accommodation is large, with two very spacious bedrooms, a modern kitchen and large lounge.
Agreement Fee: £750.00
Cash Float: £500.00
Fixtures & Fittings: £10,000.00
Forecast Turnover: £280,044.71
Full Deposit: £5,250.00
Full Tie Release: £37,500.00
Guide Rent: £21,000.00
Initial Deposit: £2,000.00
Repair Fund: £2,500.00
Stock & Glassware: £1,500.00
Working Capital: £5,000.00
Year 1 Rent: £12,000.00
Forecast Dry Turnover: £25,965.12
Forecast Other Turnover: £0.00
Forecast Wet Turnover: £254,079.59
Additional Info
Ingoing Cost: £5,000.00
Annual Cost: £21,000.00
Agreement Type: Retail Partnership Tenancy
This historic pub attracts both locals from Powick and consumers from the surrounding area. Due to the size and location of the premises, it would suit a publican with some experience in the trade. The pubs amenities provide a fantastic opportunity to make the most of sports, community and drink revenue streams, ideal for a publican with strong retail and customer service experience looking for a new business venture.
