Located on the High Street through Newcastle under Lyme, this traditional 1 bar, 1 room pub is a favourite with the traders. The Golden Lion is traditional town pub that needs to offer quality cask ales, live sports as well as a warm homely feel for its customers. There is a trade kitchen that with investment could really take the business to the next level giving the traders and passing customers somewhere to visit to eat as well as drink.
There is no private accommodation at the Golden Lion.
Forecast Turnover: £302,791.77
Year 1 Rent: £0.00
Guide Rent: £19,000.00
Initial Deposit: £4,750.00
Full Deposit: £4,750.00
Full Tie Release: £38,250.00
Agreement Fee: £750.00
Repair Fund: £2,500.00
Fixtures & Fittings: £14,000.00
Working Capital: £10,000.00
Stock & Glassware: £4,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £296,200.44
Forecast Dry Turnover: £6,591.33
Forecast Other Turnover: £0.00
The Golden Lion is a really exciting opportunity for its new tenant. The pub has a warm cosey feel but wants someone local and close to the community to take over and bring the food side of the business back to life.
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
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