The Red Lion is an outstanding pub situated in the centre of Mawdesley village. The pub is a two-storey building maintained to the highest of standards with excellent internal and external facilities which has recently benefitted from a major capital investment. The Lion includes a fully equipped commercial kitchen and the provision of a value for money food offer is essential to this pub's success. The Red Lion is a high-volume business which still has the potential to grow both wet and dry trade. To the right is a lounge which seats 30 covers and can be used as either a relaxing area to drink and socialise or dine. Through the lounge is the refurbished conservatory with over 40 covers, the modern glass roof makes this an extremely well-lit area. This is ideal for dining and with the under-floor heating has a warm feel in winter and cooling effect in summer. The commercial kitchen is very well equipped and is an ideal size for the pub. The Red Lion hosts regular live Sky Sports games and entertainment as well as private events which is well supported by the locals. Bench seating is available to both the front and rear of the pub; the front receiving direct sunlight whilst the rear seating area is shaded from wind and superb on sunny evenings.
Agreement Fee: £750.00
Cash Float: £1,000.00
Fixtures & Fittings: £20,000.00
Forecast Turnover: £482,901.78
Full Deposit: £7,250.00
Full Tie Release: £44,000.00
Guide Rent: £29,000.00
Initial Deposit: £0.00
Repair Fund: £3,000.00
Stock & Glassware: £3,000.00
Working Capital: £26,200.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £103,727.03
Forecast Other Turnover: £4,043.52
Forecast Wet Turnover: £375,131.23
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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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