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GUARANTEED RETAINED ANNUAL SUM

Ye Olde Red Lion

Park Street, Market Bosworth, Nuneaton, Warwickshire, CV13 0LL

Ingoing Cost: £5,360
NO RENT PAYABLE ON THIS AGREEMENT

Description
Requirements
Benefits

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Beer Garden

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External Drinking Area

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Letting Rooms

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Car Park

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Restaurant/Dining

Property details

The Ye Olde Red Lion is a wonderful 16th Century Coaching Inn, nestled in the heart of the historic town of Market Bosworth. Just a short walk from the bustling market square and just over 2 miles from Bosworth Battlefield Heritage centre-which has recently been nominated for a ‘Visit England’ award.

Inside the pub, you’ll find its original working fireplace- perfect for creating that cosy atmosphere in the cooler months. Traditional homecooked food is served daily and the pub can cater for up to 72 covers.

The coaching Inn also boasts five letting bedrooms upstairs; three doubles, one twin all en-suite, and one single.

Outside the Inn, there is a seating area, a small patio, and a covered area with a car park to the side.

The private accommodation comprises one single and one double bedroom, a living room an office a private kitchen, and a bathroom.

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Catering Kitchen

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Live Entertainment

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Experienced Operator

Trading style

The landlords are looking for an experienced operator to take this historic pub.

Key financials

Reference Number: PSCFKB / 35291
Agreement Type: Operator Agreement

Min Ingoing Cost: £5,360.00
Annual Rent: NO RENT PAYABLE

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please be aware energy performance certificates are available from the landlord.

The pub is currently trading around £10,500 on wet, there is potential for further wet sales equalling £10,000 – £12,000 per week, and a further £2k on food and with the renovation of the rooms to utilise all 5 instead of the current 2 increasing the income to circa £30k.

What’s in it for you?

22% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of £25K (released weekly)
Low ingoing costs, deposits starting from £5,000 and £360 legal cost. (*deposits can vary depending on business*)
Accommodation is included with most bills covered, except the council tax & TV License.

TOTAL INGOING £5,360

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MISREPRESENTATION ACT 1967

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