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Beer Garden
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External Drinking Area
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Car Park
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Restaurant/Dining
Property details
The Red Lion occupies a superb position in the affluent village of Yardley Hastings and is highly visible off the main A428 Bedford to Northampton road. Yardley Hastings is approximately 4 miles from Olney, 8 miles from Northampton, and close to the villages of Grendon, Denton, and Lavendon.
The Red Lion has been described more than once as being ‘the perfect country pub’ and following a visit to this Northamptonshire gem, it’s hard to argue otherwise. Its clean yet rustic bar, thoughtful drinks selection, and highly regarded food menu all contribute to its well-earned regional reputation. Following an extensive refurbishment in 2016, the pub has everything it needs to maintain its consistently bustling trade well into the future under the right operator.
The pub boasts a traditional bar area to the front, a good-sized lounge bar, a restaurant with 32 covers, and a delightful ‘snug’ dining room with an additional 8 covers. The Catering Kitchen is immaculately presented with an excellent selection of commercial catering equipment, including a steam oven, walk-in Cold room, etc. The beer cellar and dry goods store, are in the separate outbuilding
Externally there is a beautifully presented beer garden and ample parking.
The private accommodation consists of two bedrooms, a kitchen, a lounge, and a bathroom.
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Cask Ale
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Catering Kitchen
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Experienced Operator
Trading style
The Red Lion provides an opportunity for an owner-operator to continue with the high standards that have been set and work even closer with the local community to further enhance the local reputation utilising a good social media presence.
Operators suitable for The Red Lion will have proven experience in operating a quality food-led business. Maintaining the pub’s warm and friendly atmosphere will be key, as well as a passion for first-class customer service and a desire to maintain The Red Lion’s enviable position at the heart of its local community. Sound marketing skills will be equally important in attracting visitors from further afield.
Key financials
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Reference Number:
NAJ43W /
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£20,700.00
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Annual Rent:
£10,500.00
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.
The Fair Maintainable Turnover is £356,000 with a split of 45/55 wet to food, with estimated profit before drawings of £21,000 per year live in.
A 3 or 5-year fixed term or renewable tenancy agreement is offered with a full tie to buy all drinks (beer, wines, spirits, minerals, stouts, and ciders) from the landlords. A long-term fully insuring and repairing lease agreement would be considered for a well-funded and experienced applicant. BII Membership included.