If you are looking for pubs to let in Cleveland, you could run The Red Lion !
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Pubs To Let In Cleveland – Run The Red Lion
The Red Lion is set back from the main shopping and market area of the town centre but it is surrounded by a selection of small independent shops and pubs/micro pubs so there is plenty of footfall day and night.
The pub occupies a prominent corner position, it has one central bar that services a wraparound trading area. There is a pool table in a separate area, along with darts. There is a catering kitchen in need of investment should the operator require it. The pub can benefit from the use of a pavement licence at the front, giving a nice area for shoppers and regulars to drink in the better weather. There is not a car park, but plenty of pay-as-you-go parking close by. The private accommodation consists of three bedrooms a lounge a kitchen and an office over two floors. The accommodation needs investment and a financial package would be available for the right candidate.
This is a town centre pub and so needs to accommodate differing trade, by the time of the day – coffee in the mornings, lunches and entertainment in the evenings. The pub would benefit from offering SKY and TNT sports, organising pool and darts teams and food is a key underdeveloped area of the business.
Ingoing Cost: £3,000
Annual Rent: £18,000
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
Length of Tenure: Entry via part-tied TAW moving to a full 5 Years tenacy
Agreement type: PART TIED – FOT Wines, Spirits & Non-Postmix Minerals. Rent: £18,000 – ONE MONTH RENT FREE.
Ingoings: £3,000
STEPPED RENT SUPPORT AVAILABLE
You will need firm controls and preferably experience of operating town centre pubs, with some of the challenges they can offer. If you enjoy planning events and building a buzz about a business, via social media and in-house advertising, then the Red Lion would be a great pub for you.
