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The Red Lion is located in the South Derbyshire village of Repton, a lovely village nestled between Derby and Burton Upon Trent. The village is renowned for the prestigious Repton School and is lively with activities centered around the institution. Situated around 25 minutes from the M1, and just 2 miles from Willington Train Station. Repton is a picturesque village and is a fantastic start point for beautiful walks to the surrounding Derbyshire Hills. The towns mix of historical charm, community spirit, and modern amenities make it a delightful place to visit or reside.
Pub Layout
The front of the pub offers a warm welcome and greets you with carefully placed hanging baskets and external lighting, giving the pub curb appeal from day to night. Upon entry to the pub, you will see the large, L-shaped, wooden bar spanning across the whole trade area, the wooden beams on the roof give the pub a cosy, rustic atmosphere. To the right of the entrance, there is a dining area seating approximately 15-20 covers, featuring a cosy log burner for those colder evenings and television. There is also a small corridor here, providing access to the toilets, cellar and private accommodation. To the left, the pub has been extended to add additional floor space for busy periods, this room still provides access to the main bar servery, complete with a pool table and seating for a further 10-15 covers. Double doors lead out from the extension to a good sized car park and large external rear drinking area.
The private accommodation consists of two bedrooms, kitchen, lounge, office and bathroom.
Annual Rent: £16,000
Security Deposit: £5,000
Working Capital: £5,000
Stock: £3,500
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
The pub is available due to planned retirement of the current licensee, and represents a fantastic opportunity for the successful applicant to build on the foundations this licensee has built and further drive the pub forward. Admiral Taverns are looking for an excellent operator with a good knowledge of the area to take on The Red Lion. Maintaining a small food offer and a steady rhythm of the week, will be crucial to this pubs success, as well as the sale and maintenance of the pubs Cask Ales.
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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