The Red Lion is a traditional pub that is situated on the main arterial route through the Leicestershire village of Barwell which has a population of over 9,000. This traditional style building is in excellent decorative order having undergone a refurbishment and is ready for a new licensee to walk in and start running the business. There are currently plans to expand Barwell which will see a new infrastructure for the village including a new primary school, road improvements and up to 2,500 new homes being built. The pub is surrounded by residential housing and there are plenty of local shops close by. Barwell is located approximately 12 miles west of Leicester and 18 miles north of Coventry.
Pub Layout
The Red Lion can be entered via the car park which fits approximately 16 cars. There is a paved patio garden with four benches and a covered area that acts as a smoking solution. There is a small porch, upon entering you are greeted by the warm atmosphere of the lounge area. To the left is a community sports area with a pool table, darts board and Jukebox, all of which are used regularly by sports teams and regular drinkers. The bar is located to the left and services both the community lounge and to the rear dining bar / dining area which is well appointed with dining tables for 34 and has a warm and cosy atmosphere. The condition of the pub is excellent, and it has a balance of wooden and carpeted areas. The cellar is located directly below the bar. The fully equipped kitchen is located to the rear, just off the lounge area and the ladies and gent’s toilets are located to the right side of the pub.
Private Accommodation
This accommodation consists of two bedrooms, lounge, kitchen and bathroom.
Annual Rent: £19,000
Security Deposit: £5,000 (Deposit Build Option Available)
Working Capital: £4,000
Stock: £2,500
Business Rates: Nil
F&F: Funding options may be available for the right licensee
Training: £325 plus VAT
* Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
The Red Lion should be the hub of the community, offering something for everyone. We need an individual or couple who have catering experience and who can drive the food trade forward. You will need to have excellent retail standards, and the passion to make the Red Lion the best pub in the area. A good knowledge of social media and marketing will contribute to driving this business forward.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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